In Germany, the increase in wholesale prices slowed significantly in March
In Germany, the increase in wholesale prices slowed sharply in March, the German statistical office, Destatis, announced on Friday.
In March, wholesale prices increased by 2 percent compared to March last year, after an increase of 8.9 percent in February. Analysts had expected a higher growth of 4.4 percent for March.
Compared to the previous month, the growth of wholesale prices accelerated to 0.2 percent from 0.1 percent in February. Last year, wholesale prices were on average 18.8 percent higher than the previous year in Germany. Developments in wholesale prices usually predict consumer prices.
Related news
Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >E-commerce in Germany grows for the first time in two years
Sales in German online retail have increased slightly again for…
Read more >Rewe opens Europe’s largest autonomous supermarket
Rewe has opened Europe’s largest autonomous supermarket in Hamburg. Its…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >