Press Wholesale prices in November 2020: -1.7% on November 2019

Press release No. 501 of 14 December 2020

Wholesale selling prices, November 2020
0.1% on the previous month
-1.7% on the same month a year earlier

WIESBADEN – As reported by the Federal Statistical Office (Destatis), the selling prices in wholesale trade fell by 1.7% in November 2020 in comparison with the corresponding month of the preceding year. In October 2020 and in September 2020 the annual rates of change had been -1.9% and -1.8%, respectively.
From October 2020 to November 2020 the index rose slightly by 0.1%.

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Crisis Monitor allows comparison between corona crisis and and financial and economic crisis
The wholesale prices are also part of the "Crisis Monitor" (www.destatis.de/krisenmonitor), 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 (www.destatis.de/corona), which provides statistical information on the economic and social consequences of the corona pandemic.

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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