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German wholesale prices fall 0.6% in June
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(Reuters) – German wholesale prices fell by 0.6% in June compared with the same month last year, according to data released by the federal statistics office on Friday.
(Reuters) – German wholesale prices fell by 0.6% in June compared with the same month last year, according to data released by the federal statistics office on Friday.
The office offers more detailed economic data on its website.
(Reporting by Marleen Kaesebier, editing by Kirsti Knolle)
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power and typically measured by the Consumer Price Index (CPI).
Wholesale prices are the prices charged for goods sold in bulk, typically to retailers or other businesses, rather than to consumers directly.
Economic growth refers to an increase in the production of goods and services in an economy over a period of time, usually measured as the percentage increase in real GDP.
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