empty
 
 

2019.09.1302:37:00UTC+00Germany Wholesale Prices Fall Most In 3 Years

Germany's wholesale prices declined at the fastest pace in three years in August, data from Destatis showed Friday.

Wholesale prices decreased 1.1 percent year-on-year in August, the biggest fall since August 2016.

Prices had dropped 0.1 percent in July, which was the first fall since September 2016.

The annual fall was largely driven by a 6.1 percent drop in wholesale prices of petroleum products. Meanwhile, food, beverages and tobacco prices gained 0.7 percent.

On a monthly basis, wholesale prices fell 0.8 percent in August, following July's 0.3 percent decrease.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback