German wholesale prices down 2.6% y/y in May

German wholesale prices down 2. 6% y/y in may - photo licensed by shore news network.

BERLIN (Reuters) – Germany’s wholesale prices fell in May compared with the same month last year, according to data released on Wednesday.

Wholesale prices decreased by 2.6% on the year and 1.1% on the month, the federal statistics office reported.

The office offers more detailed economic data on its website.

(Reporting by Anastasiia Kozlova, Editing by Rachel More)

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