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Press release 051 / 2018-02-16: Wholesale prices in January 2018: +2.0% on January 2017

Indices of selling prices in wholesale trade

As reported by the Federal Statistical Office (Destatis), the selling prices in wholesale trade increased by 2.0% in January 2018 from the corresponding month of the preceding year. In December 2017 and in November 2017 the annual rates of change were +1.8% and +3.3%, respectively.

More : Wholesale prices in January 2018: +2.0% on January 2017 …

Noticeable price changes in January

Consumer prices of selected goods and servicesEnlarge picture

Get an overview of the most noticeable price changes for selected goods and services.

If you want to know how the prices of all product groups have developed please refer to our price kaleidoscope.

If you want to know by how much your personal inflation rate differs from the official one, just test our "personal inflation calculator".

IN FOCUS / 2018-01-17

Gross domestic product grew by 2.2% in 2017

The economic situation in Germany was characterised by strong economic growth in 2017. Overall, the gross domestic product increased by 2.2%, which was above the average of the last ten years (1.3%).

Consumption was the main contributor to GDP growth. Household final consumption expenditure rose a price-adjusted 2.0% on the previous year. The increase in government final consumption expenditure was 1.4%.

Gross fixed capital formation increased above average (+3.0%). Gross fixed capital formation in construction was up 2.6%. Gross fixed capital formation in machinery and equipment increased a price-adjusted 3.5% on 2016. Gross fixed capital formation in other fixed assets, which includes expenditure on research and development, was also 3.5% higher than a year earlier. The balance of exports and imports accounted for a much smaller proportion of the German GDP growth (+0.2 percentage points).

On an annual average in 2017, the economic performance in Germany was achieved by just under 44.3 million persons in employment whose place of employment was in Germany. According to first calculations, the number of persons in employment was roughly 638,000, or 1.5%, higher than a year earlier. This was the largest increase since 2007.

Green Week Berlin: Global meat consumption continues to rise

Global meat consumption continues to increase year by year. In 2013, the global average per capita consumption reached 43 kg – 10 kg more than in 1990. Pork was most frequently eaten (16 kg), followed by poultry (15 kg) and bovine (9 kg). Poultry consumption increased most sharply, with average consumption almost doubled from 8 kg in 1990 to 15 kg in 2013. Pork consumption also increased significantly during this period (+23%). Bovine consumption on the contrary decreased by 10%.

Despite globalization and the ever closer integration of economies, significant regional differences in terms of meat consumption remain. In the United States a person consumed an average of 50 kg of poultry in 2013, whereas per capita consumption in China (14 kg) and India (2 kg) was considerably lower.

More information on global animal farming and meat consumption can be found in our publication Animal Farming 2018. This mini publication coincides with the International Green Week Berlin and the Global Forum for Food and Agriculture, where the Federal Statistical Office is informing visitors about agricultural statistics.

Key figures

Population31.03.201782.6 mn
Persons in employment4th Quarter 201744.7 mn
Economic growth (GDP)4th Quarter 20170.6%
Inflation rateJanuary 20181.6%
Share in gross domestic product
Net lending20171.2%
Public debt201668.1%

Europe in figures

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.

2017 Bundestag election

Logo: The Federal Returning Officer

The election to the 19th German Bundestag was held on 24 September 2017. Information on the election is provided on the website of the Federal Returning Officer.

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