15 March 2001, 10:00 German Feb wholesale prices up 0.9% vs Dec; up 3.7% on year
Frankfurt, March 15 (BridgeNews) - German wholesale prices rose 0.9%
in February from December, and were up 3.7% on the year, the Federal
Statistics Office in Wiesbaden said Thursday. Prices were higher than
expected, as prices for live pigs, bananas and poultry rose considerably
on the month, while live cows posted a sharp fall on a month to month
basis. Excluding fuels, wholesale prices in February rose 2.6% on the
year, after a 0.1% annual rise in January.
* * *
Analysts had expected wholesale prices to rise by 0.6% rise on the
month and around 3.0% on the month.
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