Retail sales, RS is an important fundamental index rendering change in the volume of retail sales. In other words, the index shows consumer demands and expenses for goods of various categories. It is directly related with GDP. RS is measured as percentage and is compared to previous value, as a result, a new dynamic of index change is set.
Wholesale Price Index (WPI) represents economic indicator applied in Germany. It allows tracing dynamics in change of wholesale goods. The index includes both German and imported goods and does not account for the goods made directly in the stores or by consumers.
Original index value represents the wholesale total turnover for the year set as the basic year. Certainly, retail production is not accounted. Price statistics also impacts on the Wholesale Price Index.
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