The wholesale price inflation in Germany slowed for a fifth month in a row to 8.9 percent year-on-year in February 2023, the lowest rate since April 2021 and down from 10.6 percent in the previous month. Still, the latest number suggested inflationary pressure in Europe's largest economy remained high, mostly on the back of higher prices for food, beverages and tobacco (16.8 percent), especially for milk, dairy products, eggs, edible oils and fats (25.6 percent), meat and meat products (21.4 percent), sugar, confectionery and bakery products (21.4 percent) as well as for fruit, vegetables and potatoes (18.2 percent). Additional upward pressure came from living animals (51.0 percent), building materials and elements (21.9 percent) and machines, equipment and supplies (11.3 percent). On a monthly basis, wholesale prices inched 0.1 percent higher in February, following a 0.2 percent increase in January. source: Federal Statistical Office

Wholesale Prices YoY in Germany averaged 2.52 percent from 1969 until 2023, reaching an all time high of 23.80 percent in April of 2022 and a record low of -10.60 percent in July of 2009. This page includes a chart with historical data for Germany Wholesale Prices YoY. Germany Wholesale Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Wholesale Prices YoY in Germany is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Wholesale Prices YoY is projected to trend around 2.20 percent in 2024 and 1.80 percent in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Germany Wholesale Prices YoY



Calendar GMT Actual Previous Consensus TEForecast
2023-02-14 07:00 AM Jan 10.6% 12.8% 8.8%
2023-03-15 07:00 AM Feb 8.9% 10.6% 8.9%
2023-04-14 06:00 AM Mar 8.9% 4.4%

Germany Wholesale Prices YoY
The index of wholesale prices measures the development of prices of goods sold by wholesalers within Germany to the extent that such sales are included under wholesale, such as contracts concluded with resellers, processors or other bulk purchasers. This may refer to goods produced in Germany or to imported goods. Excluded are sales from producers direct to retailers or final consumers.
Actual Previous Highest Lowest Dates Unit Frequency
8.90 10.60 23.80 -10.60 1969 - 2023 percent Monthly
NSA

News Stream
Germany Wholesale Inflation at 22-Month Low
The wholesale price inflation in Germany slowed for a fifth month in a row to 8.9 percent year-on-year in February 2023, the lowest rate since April 2021 and down from 10.6 percent in the previous month. Still, the latest number suggested inflationary pressure in Europe's largest economy remained high, mostly on the back of higher prices for food, beverages and tobacco (16.8 percent), especially for milk, dairy products, eggs, edible oils and fats (25.6 percent), meat and meat products (21.4 percent), sugar, confectionery and bakery products (21.4 percent) as well as for fruit, vegetables and potatoes (18.2 percent). Additional upward pressure came from living animals (51.0 percent), building materials and elements (21.9 percent) and machines, equipment and supplies (11.3 percent). On a monthly basis, wholesale prices inched 0.1 percent higher in February, following a 0.2 percent increase in January.
2023-03-15
German Wholesale Price Inflation at 20-Month Low
The annual wholesale price inflation in Germany eased to a 20-month low of 10.6% in January of 2023 from 12.8% in December 2022. The largest impact came from cost of solid fuels and petroleum products (13.1%). Meanwhile, wholesale prices also climbed for food, beverages and tobacco (16.2%), especially milk, dairy products, eggs, edible oils & fats (30.3%), meat and meat products (21.0%), sugar, confectionery and bakery products (20.1%), as well as for fruit, vegetables and potatoes (15.6%). On the other hand, prices for scrap & residues dropped by 21.5%. Compared with the previous month, wholesale prices went up by 0.2% in January, the first monthly increase in four months, after a 1.6% drop in December.
2023-02-14
German Wholesale Price Inflation at 16-Month Low
Wholesale price inflation in Germany rose to 12.8% year-on-year in December of 2022, the softest rise since August of 2021, following a 14.9% gain in November. The largest impact came from cost of petroleum products (22.8%), followed by solid fuels (82.3%) and live animals (47.6%). Meanwhile, wholesale prices also rose for milk, milk products, eggs, edible oils & fats (32.8%), chemical products (24.5%) and meat & meat products (22.6%). On the other hand, prices for scrap & residues fell by 20.2% and for ores, metals & semi-finished metals by 2.3%. Compared with the previous month, wholesale prices dropped by 1.6 percent in December, after a 0.9 percent decline in November. Considering full 2022, wholesale prices rose by 18.8% on average compared to 2021, with cost of petroleum products jumping 50.1%.
2023-01-16