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German Wholesale Price Decline Slows For Second Month

Germany's wholesale prices fell at a slower pace for a second month in a row in December as the steep declines in mineral oil products continued, preliminary data from the statistical office Destatis showed Monday.

The wholesale price index decreased 2.6 percent year-on-year following a 3.6 percent slump in November and a 4.2 percent decline in October.

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by Jyotsna V

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