Wholesale prices in July 2021: +11.3% on July 2020

Wholesale prices in July 2021: +11.3% on July 2020

From destatis.de

In July 2021 the selling prices in wholesale trade rose by 11.3% compared with July 2020. This was the highest monthly annual rate of change since October 1974 after the first oil crisis (+13.2% compared with October 1973). In June 2021 and in May 2021 the annual rates of change had been +10.7% and +9.7%, respectively. From June 2021 to July 2021 the index rose by 1.1%.

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