The German statistical office Destatis released its wholesale prices for Germany on Tuesday. German wholesale prices rose 0.1% in July, after a 0.2% decrease in June.

On a yearly basis, wholesale prices in Germany fell 0.5% in July, after a 0.5% drop in June. Wholesale prices have been declining since July 2013.

The fall was largely driven by a 12.1% decline in the wholesale prices of solid fuels and related products.