Producer prices in Germany fell 2.5% yoy in December 2025, following a 2.3% decline in November and compared with market expectations of a 2.4% fall. This marked the tenth consecutive month of annual producer price declines and the steepest drop since April 2024, primarily driven by lower energy costs, which fell 9.7%. Key contributors within the energy sector included natural gas (-14.6%), electricity (-11.1%), mineral oil products (-6.6%), and district heating (-0.2%). Excluding energy, producer prices advanced 0.9%, after a 0.8% gain in November. By contrast, price increases were recorded for non-durable consumer goods (0.6%), durable consumer goods (1.8%), and capital goods (2.0%). Intermediate goods also climbed 0.3%, due to higher metal prices. Monthly, the producer price index declined 0.2% in December, in line with expectations, after being flat in November, marking the first monthly decrease in three months. For the full year 2025, producer price deflation averaged 1.2%. source: Federal Statistical Office

Producer Prices in Germany decreased 2.50 percent in December of 2025 over the same month in the previous year. Producer Prices Change in Germany averaged 2.36 percent from 1950 until 2025, reaching an all time high of 38.70 percent in September of 2022 and a record low of -9.20 percent in September of 2023. This page provides the latest reported value for - Germany Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Producer Prices in Germany decreased 2.50 percent in December of 2025 over the same month in the previous year. Producer Prices Change in Germany is expected to be -1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Producer Prices Change is projected to trend around 1.90 percent in 2027 and 1.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-19 07:00 AM
PPI YoY
Nov -2.3% -1.8% -2.2% -2.0%
2026-01-20 07:00 AM
PPI YoY
Dec -2.5% -2.3% -2.4% -2.1%
2026-02-20 07:00 AM
PPI YoY
Jan -2.5% -2.5%


Related Last Previous Unit Reference
CPI 122.80 122.70 points Jan 2026
Core Consumer Prices 117.90 119.10 points Dec 2025
Core Inflation Rate 2.50 2.40 percent Jan 2026
CPI Housing Utilities 118.20 118.20 points Dec 2025
CPI Transportation 128.50 127.90 points Dec 2025
Export Prices 115.50 115.60 points Dec 2025
Food Inflation 1.40 1.80 percent Dec 2025
Harmonised Consumer Prices 132.70 132.80 points Jan 2026
Import Prices 111.30 111.40 points Dec 2025
Inflation Rate YoY 2.10 1.80 percent Jan 2026
Inflation Rate MoM 0.10 0.00 percent Jan 2026
PPI MoM -0.20 0.00 percent Dec 2025
Producer Prices 125.10 125.40 points Dec 2025
PPI YoY -2.50 -2.30 percent Dec 2025
Wholesale Prices 117.70 117.90 points Dec 2025


Germany Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
-2.50 -2.30 38.70 -9.20 1950 - 2025 percent Monthly
NSA

News Stream
German Producer Prices Drop the Most in 20 Months
Producer prices in Germany fell 2.5% yoy in December 2025, following a 2.3% decline in November and compared with market expectations of a 2.4% fall. This marked the tenth consecutive month of annual producer price declines and the steepest drop since April 2024, primarily driven by lower energy costs, which fell 9.7%. Key contributors within the energy sector included natural gas (-14.6%), electricity (-11.1%), mineral oil products (-6.6%), and district heating (-0.2%). Excluding energy, producer prices advanced 0.9%, after a 0.8% gain in November. By contrast, price increases were recorded for non-durable consumer goods (0.6%), durable consumer goods (1.8%), and capital goods (2.0%). Intermediate goods also climbed 0.3%, due to higher metal prices. Monthly, the producer price index declined 0.2% in December, in line with expectations, after being flat in November, marking the first monthly decrease in three months. For the full year 2025, producer price deflation averaged 1.2%.
2026-01-20
German Producer Prices Fall the Most in 19 Months
Producer prices in Germany dropped 2.3% year-on-year in November 2025, following a 1.8% decline in October and compared with market expectations of a 2.2% fall. This marked the ninth consecutive month of annual producer price declines and the steepest fall since April 2024, primarily driven by lower energy costs, which fell 9.0%. Key contributors within the energy sector included natural gas (-14.2%), electricity (-11.6%), mineral oil products (-2.6%), and district heating (-0.2%). Prices for intermediate goods also dropped 0.2%. Conversely, price increases were recorded for non-durable consumer goods (1.3%), durable consumer goods (1.8%), and capital goods (1.9%). Excluding energy, producer prices climbed 0.8%, the same pace as in October. On a monthly basis, the producer price index was unexpectedly unchanged in November, missing expectations of a 0.1% rise, after a 0.1% gain in October.
2025-12-19
German Producer Prices Drop Less than Expected
Producer prices in Germany fell 1.8% year-on-year in October 2025, following a 1.7% decline in September and compared with market expectations of a 1.9% drop. This marked the eighth consecutive month of annual producer price declines. The overall decrease was primarily driven by lower energy costs, which fell 7.5%. Key contributors within the energy sector included natural gas (-12.1%), electricity (-8.3%), mineral oil products (-4.3%), and heating oil (-2.7%). Prices for intermediate goods also decreased 0.5%. In contrast, price increases were recorded for non-durable consumer goods (2.3%), durable consumer goods (1.7%), and capital goods (1.9%). Excluding energy, producer prices rose 0.8%, after a 0.9% increase in September. On a monthly basis, the producer price index unexpectedly edged up 0.1% in October, missing expectations for a flat reading, after a 0.1% decline in September
2025-11-20