Press release No. 103 of 15 March 2023
Wholesale selling prices, February 2023
+8.9% on the same month a year earlier
+0.1% on the previous month
WIESBADEN – The selling prices in wholesale trade were 8.9% higher in February 2023 than in February 2022. The annual rates of change in January 2023 and in December 2022 had been +10.6% and +12.8%, respectively. The Federal Statistical Office (Destatis) reports that, compared with the previous month, wholesale prices slightly increased by 0.1% in February 2023.
The high annual rate of change for wholesale prices mainly derives from increased prices for food, beverages and tobacco (+16.8%), especially for milk, dairy products, eggs, edible oils and fats (+25.6%), meat and meat products (+21.4%), sugar, confectionery and bakery products (+21.4%) as well as for fruit, vegetables and potatoes (+18.2%). Also living animals (+51.0%), building materials and elements (+21.9%) and Machines, equipment and supplies (+11.3%) had a large impact on the annual rate of change in February 2023.
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 prices indices are also available in the Dashboard Germany (www.dashboard-deutschland.de) (only in german). 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) (only in german). 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.
