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Prime Content | 
Germany's wholesale prices drop 4.1% YoY in September 2023

16 Oct '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Germany's wholesale prices in September 2023 fell 4.1 per cent year-on-year, marking the largest decrease since May 2020.
  • The decline is primarily due to a base effect arising from large price increases in 2022, which were caused by the war in Ukraine.
  • On a month-to-month basis, the country's wholesale prices increased 0.2 per cent in September 2023.
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