Trade Resources Industry Views The Wholesale Selling Prices of Industrial Products in Germany Decreased by 2.2% in Nov

The Wholesale Selling Prices of Industrial Products in Germany Decreased by 2.2% in Nov

In November of the current year, the wholesale selling prices of industrial products in Germany were 2.2 percent lower compared to November 2012, following the 2.7 percent year-on-year price decrease recorded in October, as reported by Germany's Federal Statistical Office (Destatis).

Meanwhile, the wholesale price index was 0.2 percent lower in November compared to October.

In November, a 3.6 percent year-on-year decline was seen in the wholesale prices of ores, metals and semi-finished metal products in Germany, following the 4.7 percent year-on-year drop recorded in October. Meanwhile, the wholesale prices in the metal sector were down 0.5 percent in November compared to October.

Source: http://www.steelorbis.com/steel-news/latest-news/german-wholesale-metal-prices-down-36-percent-in-nov-801265.htm
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German Wholesale Metal Prices Down 3.6 Percent in Nov
Topics: Metallurgy