RTTNews - Friday, the Statistics Austria announced that the wholesale price index or WPI declined 10.5% year-over-year in May, compared to the 8.6% drop in the previous month. This was the highest annual decline since the index series started in October 1948.

On a monthly basis, wholesale prices increased 0.2% in May, after rising 0.3% in April.

The wholesale price index for seasonal products decreased 10.8% annually in May, the statistical office said.

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