Extense in Germany. “I’ve never seen worse data”
German wholesalers raised prices. There have been no such high increases for almost two years, reports “Deutsche Welle”.
The German service refers to the data of the Federal Statistical Office, which clearly shows that compared to the same month last year, they increased by 0.9 percent.
“The last time such a large price increase took place in April 2023. In December last year, only a small increase of 0.1 percent was recorded, which was the first increase in over a year and a half. Wholesale prices also increased by 0.9 percent, from December to January, “writes” DW “.
Wholesalers give direction to increases
The increase in prices in German wholesalers is the result of increasingly higher inflation. The annual report published by the German Ministry of Economy of the Economy shows that in 2025 the economy of our western neighbor is to increase by only 0.3 percent, and the forecast inflation is to reach 2.2 percent. As “DW” indicates, the increase in inflation has affected prices. “Goods and services stood up to consumers by an average of 2.3 percent in January this year, compared to 2.6 percent. In December last year. Coffee, tea, cocoa and spices have become particularly expensive at the beginning of the year, “writes the website and says that they were 34.4 percent. more expensive than in January 2024, like sugar, confectionery and bakery products that recorded an increase of 11.0 %, while the prices of milk, dairy products, eggs, oils and edible fats by 7.0 percent.
President of BGA: “I’ve never seen worse data”
As “DW” writes, with the increase in food prices, iron, steel and semi -finished (drop by 6.3 percent), as well as chemical products (a decrease by 2.6 percent) fell.
“Two -thirds of wholesalers have recorded a decrease in sales over the past six months, and 40 percent expect a further decline in sales in 2025,” says German service and quotes Dirka Jandura, president of the German Association of Ware, Foreign and Services (BGA).
– I have never seen worse data – the president of BGA was to say about a survey conducted among the member companies of this association.
