Press release No. 382 of 13 August 2021
Wholesale selling prices, July 2021
+1.1% on the previous month
+11.3% on the same month a year earlier
WIESBADEN – 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%.
Crisis Monitor allows comparison between corona crisis and financial and economic crisis
The index of the wholesale prices are also part of the "Crisis Monitor" (www.destatis.de/krisenmonitor), which is used by the Federal Statistical Office to compare the development of major short-term indicators between the corona crisis and the financial and economic crisis of 2008/2009. The "Crisis monitor" complements the "Corona statistics" webpage (www.destatis.de/corona), which provides statistical information on the economic and social consequences of the corona pandemic since early April.
More detailed data and long time series are available in table Index of wholesale prices (61281-0004) in the GENESIS-Online database.
