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Germany: Wholesale prices in November 2024: -0.6% on November 2023
In November 2024, the selling prices in wholesale trade were 0.6% lower than in November 2023. Compared with the same month a year earlier, the rate of change was -0.8% in October 2024, and -1.6% in September 2024. The Federal Statistical Office (Destatis) also reports that wholesale prices in November 2024 remained unchanged from October 2024.The main reason for the year-on-year decrease in wholesale prices (total) in November 2024 were lower prices in the wholesale of mineral oil products (-10.9%). Compared with October 2024, the price level here remained the same. Year on year, lower prices were also reported in ... (full story)