Press release No. 306 of 13 August 2020
Wholesale selling prices, July 2020
+0.5% on the previous month
-2.6% on the same month a year earlier
WIESBADEN – As reported by the Federal Statistical Office (Destatis), the selling prices in wholesale trade fell by 2.6% in July 2020 in comparison with the corresponding month of the preceding year. In June 2020 and in May 2020 the annual rates of change had been -3.3% and -4.3%, respectively.
From June 2020 to July 2020 the index rose by 0.5%.
Crisis Monitor allows comparison between corona crisis and and financial and economic crisis
The Index of the wholesale prices is also part of the "Crises monitor“, which is used by the Federal Statistical Office to compare the development of major short-term indicators between the corona crisis and the financial and economic crisis of 2008/2009. The “Crisis Monitor” complements the “Corona statistics“ webpage, which has provided statistical information on the economic and social consequences of the corona pandemic since early April.
More detailed data and long time series are available in table Index of wholesale prices (61281-0004) in the GENESIS-Online database.
