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    10.06.2016 09:39 German wholesale prices rise 0.9% in May

    10.06.2016 09:39

    German wholesale prices rise 0.9% in May

    The German statistical office Destatis released its wholesale prices for Germany on Friday. German wholesale prices rose 0.9% in May, after a 0.3% increase in April.

    On a yearly basis, wholesale prices in Germany dropped 2.3% in May, after a 2.7% decline in April. Wholesale prices have been declining since July 2013.

    The annual fall was mainly driven by a 16.4% drop in solid fuels and related products.


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