Germany’s wholesale prices rose 1.2% yoy in December 2025, easing from a 1.5% growth in the previous month, which had marked the fastest rate since February. Still, the latest reading extended the uptrend to a 13th straight month. The annual rise was largely driven by a sharp surge in prices for non-ferrous ores, non-ferrous metals, and related semi-finished products, which jumped 34.6%. Meanwhile, costs for food, beverages, and tobacco increased 2.4%, led by sugar, confectionery, and baked goods (12.8%), followed by coffee, tea, cocoa, and spices (7.4%), as well as meat and meat products (5.0%). In contrast, prices declined for cereals, raw tobacco, seeds, and animal feed (-7.3%), along with milk, dairy products, eggs, edible oils, and edible fats (-3.3%). On a monthly basis, wholesale prices fell 0.2%, reversing gains of 0.3% in each of the prior two months, missing forecasts for a 0.2% increase and marking the first monthly decline since August. source: Federal Statistical Office

Wholesale Prices YoY in Germany decreased to 1.20 percent in December from 1.50 percent in November of 2025. Wholesale Prices YoY in Germany averaged 2.35 percent from 1969 until 2025, reaching an all time high of 20.30 percent in April of 2022 and a record low of -10.60 percent in July of 2009. This page includes a chart with historical data for Germany Wholesale Prices YoY. Germany Wholesale Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Wholesale Prices YoY in Germany decreased to 1.20 percent in December from 1.50 percent in November of 2025. Wholesale Prices YoY in Germany is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Wholesale Prices YoY 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
2025-12-15 07:00 AM
Wholesale Prices YoY
Nov 1.5% 1.1% 1.3%
2026-01-15 07:00 AM
Wholesale Prices YoY
Dec 1.2% 1.5% 1.6%
2026-02-13 07:00 AM
Wholesale Prices YoY
Jan 1.2% 0.6%


Related Last Previous Unit Reference
Baden Wuerttemberg CPI YoY 2.10 1.90 percent Jan 2026
Bavaria CPI MoM 2.10 1.70 percent Jan 2026
Brandenburg CPI YoY 2.20 2.20 percent Jan 2026
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
Energy Inflation -1.70 -1.30 percent Jan 2026
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
Harmonised Inflation Rate MoM -0.10 0.20 percent Jan 2026
Harmonised Inflation Rate YoY 2.10 2.00 percent Jan 2026
Hesse CPI YoY 2.10 2.20 percent Jan 2026
Import Prices 111.30 111.40 points Dec 2025
Import Prices MoM -0.10 0.50 percent Dec 2025
Import Prices YoY -2.30 -1.90 percent Dec 2025
Inflation Rate YoY 2.10 1.80 percent Jan 2026
Inflation Rate MoM 0.10 0.00 percent Jan 2026
North Rhine Westphalia CPI YoY 2.00 1.80 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
Rent Inflation 2.20 2.20 percent Dec 2025
Saxony CPI YoY 2.30 1.90 percent Jan 2026
Services Inflation 3.20 3.50 percent Jan 2026
Wholesale Prices 117.70 117.90 points Dec 2025
Wholesale Prices MoM -0.20 0.30 percent Dec 2025
Wholesale Prices YoY 1.20 1.50 percent Dec 2025


Germany Wholesale Prices YoY
The index of wholesale prices measures the development of prices of goods sold by wholesalers within Germany to the extent that such sales are included under wholesale, such as contracts concluded with resellers, processors or other bulk purchasers. This may refer to goods produced in Germany or to imported goods. Excluded are sales from producers direct to retailers or final consumers.
Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.50 20.30 -10.60 1969 - 2025 percent Monthly
NSA

News Stream
Germany Wholesale Prices Rise at Softer Pace
Germany’s wholesale prices rose 1.2% yoy in December 2025, easing from a 1.5% growth in the previous month, which had marked the fastest rate since February. Still, the latest reading extended the uptrend to a 13th straight month. The annual rise was largely driven by a sharp surge in prices for non-ferrous ores, non-ferrous metals, and related semi-finished products, which jumped 34.6%. Meanwhile, costs for food, beverages, and tobacco increased 2.4%, led by sugar, confectionery, and baked goods (12.8%), followed by coffee, tea, cocoa, and spices (7.4%), as well as meat and meat products (5.0%). In contrast, prices declined for cereals, raw tobacco, seeds, and animal feed (-7.3%), along with milk, dairy products, eggs, edible oils, and edible fats (-3.3%). On a monthly basis, wholesale prices fell 0.2%, reversing gains of 0.3% in each of the prior two months, missing forecasts for a 0.2% increase and marking the first monthly decline since August.
2026-01-15
Germany Wholesale Prices Hit 9-Month High
Germany’s wholesale prices rose by 1.5% year on year in November 2025, accelerating from a 1.1% increase in the previous month and marking the highest reading since February. The upturn was mainly driven by higher prices for food, beverages, and tobacco, which increased by 3.2%, particularly for coffee, tea, cocoa, and spices (21.9%), sugar, confectionery, and baked goods (12.3%), meat and meat products (7.3%), and live animals (4.8%). Moreover, prices for non-ferrous ores, non-ferrous metals, and related semi-finished products surged by 28.1%. In contrast, prices for scrap materials and residues declined by 6.5%. On a monthly basis, wholesale prices stood at 0.3% in November, unchanged from the previous month and slightly higher than market expectations of a 0.2% increase.
2025-12-15
Germany Wholesale Prices Rise for 11th Month
Germany’s wholesale prices rose 1.1% year-on-year in October 2025, after a 1.0% growth in the previous month, marking the 11th straight month of gain. Food, beverages, and tobacco costs increased 3.5%, driven by sharp rises in coffee, tea, cocoa, and spices (20.8%), sugar and bakery products (13.0%), and meat (9.4%). Prices for non-ferrous ores and metals also surged 26.3%. Meanwhile, declines were seen in waste materials (-8.6%), grains and animal feed (-7.3%), machinery (-4.0%), and petroleum products (-2.1%). On a monthly basis, prices rose 0.3%, exceeding forecasts of 0.1% and marking the strongest increase since February.
2025-11-12