--German Dec wholesale prices dn 0.3% vs Nov; up 5.1% on year --
By BridgeNews-
Frankfurt--Jan. 16--German wholesale prices were down 0.3% in December, as prices for cows and oil products fell on the month, and were up 5.1% on the year, the Federal Statistics Office in Wiesbaden said Tuesday. In the year 2000, wholesale prices were on average 5.5% higher than the previous year.-
Annual increases in wholesale prices were under heavy influence from high oil prices, as the index excluding oil products was on average 2.5% higher in 2000 from 1999.-
* * * Excluding oil products, wholesale prices in December were up 0.5% from November, and up 3.5% on the year.