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The German statistical office Destatis released its wholesale prices for Germany on Friday. German wholesale prices fell 0.4% in January, after a 0.8% decrease in December.
On a yearly basis, wholesale prices in Germany dropped 1.0% in January, after a 1.0% decline in December. Wholesale prices have been declining since July 2013.
The fall was mainly driven by a 9.3% drop in solid fuels and related products.
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