Wholesale price inflation in Germany slowed for the first time in 10 months to 16.1% in December of 2021 from a record of 16.6% in November. Prices of raw materials and intermediate products were the main drivers of the increase but the largest impact came from cost of mineral oil products although prices increased slightly less in December (50.6% vs 62.4%). Considering full 2021, wholesale prices jumped 9.8%, the most since 1974, mainly due to mineral oil products (32%) and metals and metal ores (44.3). This was also influenced by a base effect due to the low price levels for many raw materials in 2020 in the context of the corona crisis. source: Federal Statistical Office

Wholesale Prices in Germany averaged 103.66 points from 2015 until 2021, reaching an all time high of 119.10 points in December of 2021 and a record low of 97.30 points in February of 2016. This page provides - Germany Wholesale Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Wholesale Prices - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

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Germany Wholesale Prices


Germany Wholesale Prices
The index of wholesale prices measures the development of prices of goods sold by wholesalers within Germany to the extent that such sales are included under wholesale, such as contracts concluded with resellers, processors or other bulk purchasers. This may refer to goods produced in Germany or to imported goods. Excluded are sales from producers direct to retailers or final consumers.
Actual Previous Highest Lowest Dates Unit Frequency
119.10 118.90 119.10 97.30 2015 - 2021 points Monthly
2015=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2022-01-12 07:00 AM Wholesale Prices MoM Dec 0.2% 1.3% 0.8%
2022-01-12 07:00 AM Wholesale Prices YoY Dec 16.1% 16.6% 16.8%


Related Last Previous Unit Reference
Inflation Rate 5.30 5.20 percent Dec/21
Inflation Rate Mom 0.50 -0.20 percent Dec/21
Harmonised Consumer Prices 111.30 111.00 points Dec/21
Consumer Price Index CPI 111.10 110.50 points Dec/21
Core Inflation Rate 3.70 3.30 percent Dec/21
Core Consumer Prices 110.20 109.30 points Dec/21
Producer Prices 130.00 123.80 points Dec/21
Producer Prices Change 24.20 19.20 percent Dec/21
Export Prices 111.90 111.00 points Nov/21
Import Prices 121.70 118.20 points Nov/21
Food Inflation 5.90 4.60 percent Dec/21
CPI Transportation 117.70 118.50 points Dec/21
Wholesale Prices 119.10 118.90 points Dec/21
CPI Housing Utilities 109.60 109.50 points Dec/21


News Stream
Germany Wholesale Inflation Slows in December
Wholesale price inflation in Germany slowed for the first time in 10 months to 16.1% in December of 2021 from a record of 16.6% in November. Prices of raw materials and intermediate products were the main drivers of the increase but the largest impact came from cost of mineral oil products although prices increased slightly less in December (50.6% vs 62.4%). Considering full 2021, wholesale prices jumped 9.8%, the most since 1974, mainly due to mineral oil products (32%) and metals and metal ores (44.3). This was also influenced by a base effect due to the low price levels for many raw materials in 2020 in the context of the corona crisis.
2022-01-12
Germany Wholesale Inflation at Record High
Wholesale prices in Germany jumped at a record 16.6% year-on-year in November of 2021, following a 15.2% rise in the previous month, mainly due to cost of raw materials and intermediate products. The largest impact came from cost of mineral oil products (62.4%). Other upward pressure came from prices of residual materials (+77.4%); ores, metals and semi-finished metal products (+60.3%); raw and sawn timber (+41.1%); and grain, raw tobacco, seeds and animal feed (+30.3%). On a monthly basis, wholesale prices were up 1.3%.
2021-12-13
German Wholesale Inflation Highest Since 1974
Wholesale prices in Germany jumped 15.2 percent year-on-year in October 2021, accelerating from a 13.2 percent rise in the previous month. It was the highest wholesale inflation rate since March 1974 when prices rose by 15.8 percent in the wake of the first oil crisis. Main upward pressure came from petroleum products (54.7 percent), scrap and residual materials (81.2 percent), ores, metals and semi-finished metal products (60.9 percent). There was also a significant rise in wholesale prices for raw and sawn timber (48.4 percent) as well as for grain, raw tobacco, seeds and animal feed (26.8 percent). On a monthly basis, wholesale prices increased 1.6 percent, following a 0.8 percent gain in September.
2021-11-12