Press release No. 058 of 14 February 2023
Wholesale selling prices, January 2023
+10.6% on the same month a year earlier
+0.2% on the previous month
WIESBADEN – The selling prices in wholesale trade were 10.6% higher in January 2023 than in January 2022. The annual rates of change in December 2022 and in November 2022 had been +12.8% and +14.9%, respectively. The Federal Statistical Office (Destatis) reports that, compared with the previous month, wholesale prices slightly increased by 0.2% in January 2023.
The high annual rate of change for wholesale prices mainly derives from increased prices for food, beverages and tobacco (+16.2%), especially for milk, dairy products, eggs, edible oils and fats (+30.3%), meat and meat products (+21.0%), sugar, confectionery and bakery products (+20.1%) as well as for fruit, vegetables and potatoes (+15.6%). Also solid fuels and mineral oil products (+13.1%) had a large impact on the annual rate of change in January 2023. Compared to December 2022 prices for those energy products decreased by 4.4%.
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.
The wholesale selling prices form part of the Crisis Monitor (www.destatis.de/krisenmonitor), by means of which the Federal Statistical Office compares the development of major short-term indicators in the Covid-19 crisis and the financial and economic crisis of 2008/2009. They can also be found on the Corona Statistics webpage (www.destatis.de/corona) and in the Dashboard Germany (www.dashboard-deutschland.de), together with other indicators which can be used to assess the economic consequences of the Covid-19 pandemic. The Dashboard Germany portal of the Federal Statistical Office combines up-to-date indicators of official statistics and of other data providers on the topics of economy and finance as well as health and mobility.
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.
