As reported by the Federal Statistical Office (Destatis), the selling prices in wholesale trade fell by 1.7% in November 2020 in comparison with the corresponding month of the preceding year. In October 2020 and in September 2020 the annual rates of change had been -1.9% and -1.8%, respectively.

From October 2020 to November 2020 the index rose slightly by 0.1%.

The biggest influence on the decline in wholesale selling prices compared to November 2019 was the price development in wholesale petroleum products (-18.1 %).

There were also sharp price decreases compared to the previous year in the wholesale trade of live animals (-22.9 %). Prices fell slightly in the wholesale trade of data processing equipment, peripheral equipment and Software (-3.7%) and in iron, steel, semi - finished products (-1.6%).

On the other hand, prices were particularly higher than in November 2019 in the wholesale trade of waste materials and residual materials (+7.5%), cereals, raw tobacco, seeds and animal feed (+7.2 %) and fruit, vegetables and potatoes (+2.0 %).