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Wholesale prices in April 2023: -0.5% on April 2022

From destatis.de

In April 2023 the selling prices in wholesale trade fell by 0.5% compared with April 2022. This was the first decrease compared with the preceding year since December 2020 (-1.2% compared with December 2019). The annual rates of change in March 2023 and in February 2023 had been +2.0% and +8.9%, respectively. The Federal Statistical Office (Destatis) further reports that, compared with the previous month, wholesale prices decreased by 0.4% in April 2023. The year-on-year decrease was mainly due to the price decrease of mineral oil products by 15.7% compared with April 2022. Also scrap and residual materials (-31,5 ... (full story)

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