Wholesale prices in Germany jumped 15.2 percent year-on-year in October 2021, accelerating from a 13.2 percent rise in the previous month. It was the highest wholesale inflation rate since March 1974 when wholesale prices rose by 15.8 percent in the wake of the first oil crisis. Main upward pressure came from the cost of petroleum products (54.7 percent), scrap and residual materials (81.2 percent), ores, metals and semi-finished metal products (60.9 percent). There was also a significant rise in wholesale prices for raw and sawn timber (48.4 percent) as well as for grain, raw tobacco, seeds and animal feed (26.8 percent). On a monthly basis, wholesale prices increased 1.6 percent, following a 0.8 percent gain in September. source: Federal Statistical Office

Wholesale Prices in Germany averaged 103.28 points from 2015 until 2021, reaching an all time high of 117.40 points in October of 2021 and a record low of 97.30 points in February of 2016. This page provides - Germany Wholesale Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Wholesale Prices - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

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Germany Wholesale Prices


Calendar GMT Actual Previous Consensus TEForecast
2021-11-12 07:00 AM Wholesale Prices YoY Oct 15.2% 13.2% 14.6%
2021-11-12 07:00 AM Wholesale Prices MoM Oct 1.6% 0.8% 1%


Related Last Previous Unit Reference
Inflation Rate 5.20 4.50 percent Nov/21
Inflation Rate Mom -0.20 0.50 percent Nov/21
Consumer Price Index CPI 110.50 110.70 points Nov/21
Harmonised Consumer Prices 111.00 110.70 points Nov/21
Core Inflation Rate 2.90 2.90 percent Oct/21
Core Consumer Prices 109.90 109.80 points Oct/21
Producer Prices 122.80 118.30 points Oct/21
Producer Prices Change 18.40 14.20 percent Oct/21
Export Prices 111.00 109.50 points Oct/21
Import Prices 118.20 113.90 points Oct/21
Food Inflation 4.40 4.80 percent Oct/21
Wholesale Prices 117.40 115.60 points Oct/21
CPI Transportation 117.10 114.80 points Oct/21
CPI Housing Utilities 109.20 108.30 points Oct/21

News Stream
German Wholesale Inflation Highest Since 1974
Wholesale prices in Germany jumped 15.2 percent year-on-year in October 2021, accelerating from a 13.2 percent rise in the previous month. It was the highest wholesale inflation rate since March 1974 when prices rose by 15.8 percent in the wake of the first oil crisis. Main upward pressure came from petroleum products (54.7 percent), scrap and residual materials (81.2 percent), ores, metals and semi-finished metal products (60.9 percent). There was also a significant rise in wholesale prices for raw and sawn timber (48.4 percent) as well as for grain, raw tobacco, seeds and animal feed (26.8 percent). On a monthly basis, wholesale prices increased 1.6 percent, following a 0.8 percent gain in September.
2021-11-12
German Wholesale Prices Rise the Most Since 1974
Wholesale prices in Germany increased 13.2% year-on-year in September of 2021, the highest rate since June 1974 after the first oil crisis, due to a low base effect from last year and a sharp rise in prices for raw materials and intermediate products. Biggest pressure came from cost of wholesale of metals and metal ores (62.8%) and solid fuels and mineral oil products (41.9%). Other increases were also seen for waste and scrap of iron and steel (80.8%), grain, raw tobacco, seeds and animal feed (23.9%) and agriculture, raw materials, live animals (14.0%). On a monthly basis, wholesale prices increased 0.8%.
2021-10-12
Germany Wholesale Inflation Hits New 47-Year High
Wholesale prices in Germany increased 12.3% year-on-year in August of 2021, the highest rate since October 1974 after the first oil crisis, due to a low base effect from last year and a sharp rise in prices for many raw materials and intermediate products. Biggest pressure came from cost of wholesale of ores, metals and semi-finished metal products (63.4%) and solid fuels and mineral oil products (35.5%). Other increases were also seen for residual materials (101.7%), raw and sawn timber (57.8%) and grain, raw tobacco, seeds and animal feed (19.3%). In contrast, wholesale prices for data processing equipment, peripheral devices and software fell 0.6%. On a monthly basis, wholesale prices increased 0.5%.
2021-09-13

Germany Wholesale Prices
The index of wholesale prices measures the development of prices of goods sold by wholesalers within Germany to the extent that such sales are included under wholesale, such as contracts concluded with resellers, processors or other bulk purchasers. This may refer to goods produced in Germany or to imported goods. Excluded are sales from producers direct to retailers or final consumers.