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Press release 444 / 2018-11-16: Wholesale prices in October 2018: +4.0% on October 2017

Wholesale selling prices, October 2018
+0.3% on the previous month
+4.0% on the same month a year earlier

As reported by the Federal Statistical Office, the selling prices in wholesale trade increased by 4.0% in October 2018 from the corresponding month of the preceding year. In September 2018 and in August 2018 the annual rates of change were +3.5% and +3.8%, respectively.
From September 2018 to October 2018 the index rose by 0.3%.

More : Wholesale prices in October 2018: +4.0% on October 2017 …

Press release 445 / 2018-11-16: Investments in industry increased 2.6% in 2017 year on year

Investments of economic branches

German industrial enterprises with 20 or more persons employed invested 63.7 billion euros in tangible fixed assets (for instance machinery, land with buildings, tools) in 2017. The Federal Statistical Office (Destatis) also reports that this was an increase of roughly 1.6 billion euros or 2.6% compared with 2016.

More : Investments in industry increased 2.6% in 2017 year on year …

Press release 446 / 2018-11-16: Average electricity proceeds up 1.3% in 2017 year on year

In 2017, energy suppliers received an average 16.27 cents per kilowatt hour for the electricity they sold to all final consumers. According to provisional results of the Federal Statistical Office (Destatis), this was a 1.3% increase on 2016. Average proceeds from sales to household customers were 24.15 cents per kilowatt hour. This is roughly the previous year's result (+0.2%).

More : Average electricity proceeds up 1.3% in 2017 year on year …

IN FOCUS / 0201-09-20

Federal Constitutional Court declares 2011 Census constitutional

On 19 September 2018 the Federal Constitutional Court delivered its judgment on the constitutionality of the 2011 Census Act and the related Sample Ordinance. The Court ruled that the Act is constitutional. The statistical offices of the Federation and the Länder will analyse the judgment thoroughly and continue with the preparatory work for the 2021 Census.

The 2011 Census was held in Germany to determine the official size of the population and obtain further detailed population, employment and housing stock data. The official size of the population in Germany provided by the 2011 Census is of great importance for the political sphere, administration and the business community. It serves as a basis for continuous population statistics, fiscal equalisation schemes among the Länder and among municipalities, and the delimitation of constituency boundaries, to mention but a few.

Brexit Monitor: Interactive charts on the UK and its pending exit from the European Union

In March 2017, following the Brexit referendum, the British Government formally initiated the process which will ultimately lead to the country's departure from the European Union. It is currently difficult to predict the precise consequences, but the Brexit decision and the departure from the EU is expected to impact on the economy, foreign trade, the labour market and migration. Our Brexit Monitor looks at the development in the United Kingdom using selected socio-economic indicators. Since the country is linked in a number of ways with the other EU states, the interactive charts also present the development in Germany and in the EU as a whole.

Current WISTA edition: Impact of minimum wage on the structure of earnings

The introduction of the minimum wage in 2015 has had a sustainable effect on the German labour market. Have the introduction and the first increase in the minimum wage also impacted on the structure of earnings?

This is what Kathrin Kann examines in her article on Impact of minimum wage on the structure of earnings in the 5/2018 issue of our WISTA scientific journal. She uses the results of the structure of earnings survey of 2014 and of voluntary earnings surveys taken in 2015, 2016 and 2017. The results show that the minimum wage has had an impact especially at the bottom end of the distribution of earnings. The first effect was a shift of lower-paid jobs towards the minimum wage of 8.50 euros (gross) per hour worked. After the first minimum wage increase in January 2017, to 8.84 euros, hourly earnings continued to move towards higher hourly pay.

Key figures

Population31.03.201882.8 mn
Persons in employment3rd Quarter 201845.0 mn
Economic growth (GDP)3rd Quarter 2018-0.2%
Inflation rate (CPI)September 20182.3%
Share in gross domestic product
Net lending20171.0%
Public debt201764.1%

European statistics

This photo shows the logo "Europe in figures"

Europe in figures features the wide range of data offered by the European statistical office (Eurostat) and enables comparisons between the EU Member States.

Interactive charts

This logo shows Brexit

The Brexit Monitor presents the developments in the United Kingdom, Germany and the EU based on selected socio-economic indicators.

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