Germany's wholesale prices rose 3.2 percent year-on-year in December, the same rate of growth as seen in November, the Federal Statistical Office reported Monday. Economists had forecast the annual rate to edge up to 3.3 percent.
On a monthly basis, the wholesale price index remained flat, following a 0.7 percent fall in November, data showed. The index was expected to gain 0.1 percent.
For the whole year of 2012, the index of selling prices in wholesale trade climbed 2.8 percent on an annual average, which was considerably slower than the 7.5 percent increase in 2011.
by RTT Staff Writer
For comments and feedback: email@example.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.