German wholesale prices down 4.6 percent on year in June, biggest decline since 1968

October 8th, 2009 NEW DELHI - India's annual rate of inflation, based on the wholesale price index, declined marginally to 0.7 percent for the week ended Sep 26, from 0.83 percent for the week before, due mainly to a drop in prices of food articles. Data released Thursday showed that while the index for primary articles was up as much as 9.49 percent during the 52-week period, that for manufactured products was up 0.48 percent.

September 18th, 2009 German producer prices down 7 pct in AugustFRANKFURT — German producer prices fell 7 percent in August from a year earlier, hitting levels not seen since September 2007, the Federal Statistical Office said Friday. The Wiesbaden-based office said the price declines follow a near 8 percent decline in July and a 5 percent decline in June compared to the year-ago periods.

September 15th, 2009 Wholesale prices soar 1.7 percent in AugustWASHINGTON — Inflation at the wholesale level shot up at double the expected rate in August as gasoline prices soared by the largest amount in a decade. The increase wasn't seen as a signal that inflation was in danger of becoming a problem, however, given the economy's continued weakness.

September 11th, 2009 German wholesale prices down 8.3 pct in AugustFRANKFURT — German wholesale prices were down sharply in the year to August despite rising slightly from July, as demand remained weak amid the economic downturn, official data showed Friday. The Wiesbaden-based Federal Statistical Office said wholesale prices fell 8.3 percent in August compared to August 2008.

September 4th, 2009 NEW DELHI - Wholesale prices of rice rose more than 13 percent in the past one year due to a demand-supply mismatch, says the Associated Chambers of Commerce and Industry (Assocham). The industry forum said the price of wheat similarly rose by about five percent.

August 18th, 2009 Wholesale prices drop more than expected in JulyWASHINGTON — Wholesale prices dropped sharply in July, and over the past 12 months fell by the largest amount in more than six decades of record-keeping. The Labor Department said Tuesday that wholesale prices dropped 0.9 percent last month.

August 11th, 2009 Wholesale inventories fall for 10th straight monthWASHINGTON — Businesses slashed inventories at the wholesale level for a record 10th consecutive month in June, a decline that has contributed to the longest recession since World War II. The Commerce Department said Tuesday that wholesale inventories declined 1.7 percent in June, nearly double the 0.9 percent decrease economists had expected.

August 11th, 2009 German consumer prices down 0.5 pct in JulyBERLIN — Consumer prices in Germany dropped by 0.5 percent on the year last month, government data showed Tuesday — a slight revision from a preliminary estimate of a 0.6 percent fall. The decline was the first since March 1987, when prices were down 0.3 percent on the year.

July 29th, 2009 German consumer prices fall in JulyBERLIN — Consumer prices in Germany, Europe's biggest economy, posted their first annual decline in 22 years this month largely as a result of lower oil prices, preliminary government data showed Wednesday. Prices were down 0.6 percent on the year in July — the first fall since March 1987, when they declined by 0.3 percent, the Federal Statistical Office said.

July 14th, 2009 Wholesale prices rise more than expected in JuneWASHINGTON — Wholesale prices took a bigger-than-expected leap in June, rising the most since November 2007, led by more expensive energy products. The 1.8 percent jump in the Producer Price Index, which tracks the costs of goods before they reach store shelves, came after wholesale prices rose 0.2 percent in May, the Labor Department reported Tuesday.

July 10th, 2009 Japan wholesale prices fall 6.6 percent in JuneTOKYO — Japan's central bank said Friday that wholesale prices fell 6.6 percent in June from a year earlier, the biggest fall on record and the latest sign that deflation is returning to the country. The Bank of Japan's corporate good price index, which tracks the cost of a wide range of products sold domestically, declined for the sixth straight month.

July 7th, 2009 German iron, steel output falls 45 percentFRANKFURT — German iron and steel output for June fell sharply as the world recession continued to cut into demand for the country's machinery and car exports, the Federal Statistical Office reported Tuesday. The Wiesbaden-based office said Germany's producers made 1.44 million metric tons (1.59 US tons) of iron for the month, a 45 percent decline over the same month last year, while they made 2.5 million metric tons (2.76 US tons) of steel, a 41 percent decline.

July 1st, 2009 Daimler US sales decline 26.5 percent in JuneNEW YORK — Daimler AG said Wednesday that combined U.S. sales for its Mercedes-Benz and smart micro-cars fell nearly 26.5 percent in June compared with the same month a year earlier.

June 10th, 2009 German inflation hits zero as economy suffersFRANKFURT — Inflation in Germany, Europe's biggest economy, fell to its lowest in 22 years in May as manufacturers' revenues dropped and business failures increased, the Federal Statistical Office said Wednesday. The Wiesbaden-based office said the consumer price inflation rate fell to zero in May on an annual basis, down from 0.7 percent in April.

May 8th, 2009 Wholesale inventories fall more than expectedWASHINGTON — Wholesalers slashed inventories for a seventh straight month in March as businesses struggled to get stockpiles in line with plunging sales. The Commerce Department says wholesale inventories dropped 1.6 percent in March, much larger than the 1 percent fall that analysts had expected.