Wholesale prices rose in Germany n November

By: Trademagazin editor Date: 2021. 12. 13. 11:03

In November, wholesale prices in Germany rose at a record rate on an annual basis, according to the Monday communication of the German Federal Statistical Office, Destatis.

Wholesale prices increased in Germany

In November, wholesale prices in Germany rose 16.6 percent from the previous year, the largest increase since data collection began in 1962. The annual price increase was 15.2 percent in October and 13.2 percent in September.

Compared to the previous month, wholesale prices rose 1.3 percent in November, in line with market expectations. The monthly price increase was 1.6 percent in October. (MTI)