Germany’s wholesale prices edged up by 0.1% year-on-year in December 2024, reversing a 0.6% drop in the previous month and marking the first gain since April 2023. Wholesale costs increased for non-ferrous metals and non-ferrous semi-finished metal products (22.3%), coffee, tea, cocoa, and spices (34.3%), sugar, confectionery, and bakery goods (11.0%), and milk, milk products, eggs, edible fats and oils (5.7%). Conversely, prices were lower for computers and peripheral equipment (-6.0%), mineral oil products (-6.0%), and iron, steel, and ferrous semi-finished products (-4.9%). Monthly, prices inched higher (0.1% vs flat reading in November), in line with consensus. On an annual average, wholesale prices fell by 1.3% compared with 2023. source: Federal Statistical Office
Wholesale Prices YoY in Germany increased to 0.10 percent in December from -0.60 percent in November of 2024. Wholesale Prices YoY in Germany averaged 2.37 percent from 1969 until 2024, reaching an all time high of 20.30 percent in April of 2022 and a record low of -10.60 percent in July of 2009. This page includes a chart with historical data for Germany Wholesale Prices YoY. Germany Wholesale Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
Wholesale Prices YoY in Germany increased to 0.10 percent in December from -0.60 percent in November of 2024. Wholesale Prices YoY in Germany is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Wholesale Prices YoY is projected to trend around 2.40 percent in 2026, according to our econometric models.