Press Wholesale prices in October 2020: -1.9% on October 2019

Press release No. 450 of 13 November 2020

Wholesale selling prices, October 2020
-0.2% on the previous month
-1.9% on the same month a year earlier

WIESBADEN – As reported by the Federal Statistical Office (Destatis), the selling prices in wholesale trade fell by 1.9% in October 2020 in comparison with the corresponding month of the preceding year. In September 2020 and in August 2020 the annual rates of change had been -1.8% and -2.2%, respectively.
From September 2020 to October 2020 the index fell by 0.2%.

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Crisis Monitor allows comparison between corona crisis and and financial and economic crisis
The Index of the wholesale prices is also part of the "Crisis 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.

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