Press release No. 537 of 15 December 2022
Wholesale selling prices, November 2022
+14.9% on the same month a year earlier
-0.9% on the previous month
WIESBADEN – The selling prices in wholesale trade were 14.9% higher in November 2022 than in November 2021. The annual rates of change in October 2022 and in September 2022 had been +17.4% and +19.9%, respectively. The Federal Statistical Office (Destatis) reports that, compared with the previous month, wholesale prices decreased by 0.9% in November 2022.
The high annual rate of change for wholesale prices mainly derives from increased prices for raw materials and intermediate products. The largest impact on the annual rate of change in November 2022 had the price increase in wholesale trade with mineral oil products (+30.4%). The high price increase in wholesale trade with solid fuels (+96.8%), as well as with grain, unmanufactured tobacco, seeds etc. (+21.2%) also contributed to the high rate of change in November 2022.
More information:
More detailed data and long time series are available in table Index of wholesale prices (61281-0002 and 61281-0004) in the GENESIS-Online database.
Wholesale selling prices are available also in the Dashboard Germany (www.dashboard-deutschland.de). This data portal of the Federal Statistical Office combines up-to-date indicators of official statistics and from other data providers on the topics of economy and finance as well as health and mobility. A tool also available there is the Economic Pulse Monitor (Pulsmesser für die Wirtschaft). It can be used for real-time monitoring of the economic development.
Russia’s attack on Ukraine and the related sanctions have an impact on many parts of the economy and society. We have compiled data and information on the subject for you on a special webpage.
