(Adds milestone, details from statement)
BERLIN, May 15 (Reuters) - Germany's wholesale price
index fell slightly in April compared to the same month last
year, the first year-on-year drop since December 2020, according
to data released on Monday.
Wholesale prices fell by 0.5% on the year and 0.4% on the
previous month, compared to March readings of 2.0% and 0.2%, the
federal statistics office said.
A 15.7% year-on-year drop in prices in the wholesale of
petroleum products had the biggest impact on the April figure,
the office said.
Prices were also more favourable for used and residual
materials (-31.5%), grain, raw tobacco, seeds and animal feed
(-25.2%), ore, metals and semi-finished metal products (-20.5%),
and chemical products (-5.4%).
Meanwhile, wholesale prices for fruit, vegetables and
potatoes increased 22.0% year-on-year, while prices for building
materials and live animals increased by 13.9% and 11.4%,
respectively, compared to April 2022.
The office offers more detailed economic data on its
website.
(Reporting by Friederike Heine, Editing by Ed Osmond and
Bartosz Dabrowski)
