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Wholesale prices in January 2024: -2.7% compared to January 2023
Wholesale sales prices were 2.7% lower in January 2024 than in January 2023. As the Federal Statistical Office (Destatis) also reports, the change compared to the previous year was -2.6% in December 2023 and in November 2023 at -3.6%. Compared to the previous month, wholesale prices rose slightly in January 2024 for the first time since September 2023 (+0.1%).As in previous months, petroleum products were mainly responsible for the year-on-year decline in wholesale prices. In January 2024, wholesale prices of petroleum products fell by 7.2% compared to January 2023. Compared to the previous month of December 2023, ... (full story)