Germany's wholesale prices declined in April for the first time since November 2009, data published by the Federal Statistical Office showed Tuesday.
Wholesale prices declined 0.4 percent in April from a year ago, reversing a 0.3 percent rise in March. However, the rate of fall was slower than the 0.6 percent drop forecast by economists.
Month-on-month, wholesale prices dropped 0.2 percent, the same rate of fall as seen in March, but below the consensus forecast for 0.4 percent decline.
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