Producer prices in Germany increased 2.2% year-on-year in May 2026, after a 1.7% rise in April, marking the second straight month of inflation. It was the fastest increase in producer prices since May 2023, though below market forecasts of 2.5%, mainly driven by higher prices for intermediate goods (4.2%) and energy (2.5%), with a sharp rise in mineral oil prices (34.9%) due to the Middle East conflict. Prices also rose for capital goods (2.0%), boosted by higher machinery costs, as well as motor vehicles, trailers, and semi-trailers, while durable consumer goods advanced 2.0%. By contrast, prices for non-durables dropped 1.7%, mainly due to cheaper food, particularly butter and pork. Excluding energy, producer prices rose 2.3%.On a monthly basis, producer prices rose 0.3%, slowing sharply from a 1.2% gain in April and falling short of expectations for a 0.7% increase, marking the softest monthly increase since February, when producer prices fell. source: Federal Statistical Office

Producer Prices in Germany increased 2.20 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Germany averaged 2.34 percent from 1950 until 2026, 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 June of 2026.

Producer Prices in Germany increased 2.20 percent in May of 2026 over the same month in the previous year. Producer Prices Change in Germany is expected to be 3.60 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 2.70 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-20 06:00 AM
PPI YoY
Apr 1.7% -0.2% 1.5% 1.6%
2026-06-19 06:00 AM
PPI YoY
May 2.2% 1.7% 2.5% 2.5%
2026-07-20 06:00 AM
PPI YoY
Jun 2.2% 3.6%


Related Last Previous Unit Reference
CPI 125.00 125.20 points May 2026
Core Consumer Prices 121.00 120.60 points May 2026
Core Inflation Rate 2.50 2.30 percent May 2026
CPI Housing Utilities 119.00 119.10 points May 2026
CPI Transportation 135.00 137.40 points May 2026
Export Prices 118.90 117.90 points Apr 2026
Food Inflation 0.70 1.50 percent May 2026
Harmonised Consumer Prices 102.55 102.68 points May 2026
Import Prices 118.30 116.90 points Apr 2026
Inflation Rate YoY 2.60 2.90 percent May 2026
Inflation Rate MoM -0.20 0.60 percent May 2026
PPI MoM 0.30 1.20 percent May 2026
Producer Prices 128.80 128.40 points May 2026
PPI YoY 2.20 1.70 percent May 2026
Wholesale Prices 124.30 125.10 points May 2026


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
2.20 1.70 38.70 -9.20 1950 - 2026 percent Monthly
NSA

News Stream
German Producer Inflation Hits 3-Year High
Producer prices in Germany increased 2.2% year-on-year in May 2026, after a 1.7% rise in April, marking the second straight month of inflation. It was the fastest increase in producer prices since May 2023, though below market forecasts of 2.5%, mainly driven by higher prices for intermediate goods (4.2%) and energy (2.5%), with a sharp rise in mineral oil prices (34.9%) due to the Middle East conflict. Prices also rose for capital goods (2.0%), boosted by higher machinery costs, as well as motor vehicles, trailers, and semi-trailers, while durable consumer goods advanced 2.0%. By contrast, prices for non-durables dropped 1.7%, mainly due to cheaper food, particularly butter and pork. Excluding energy, producer prices rose 2.3%. On a monthly basis, producer prices rose 0.3%, slowing sharply from a 1.2% gain in April and falling short of expectations for a 0.7% increase, marking the softest monthly increase since February, when producer prices fell.
2026-06-19
German Producer Inflation Hits Nearly 3-Year High
Producer prices in Germany rose 1.7% year-on-year in April 2026, recovering from a 0.2% decline in March and marking the first increase since February last year. The reading came in above market forecasts of 1.5% and represented the highest producer inflation since May 2023, mainly driven by higher intermediate goods prices (2.6%) and energy (2.0%), with a sharp rise in mineral oil prices (35.5%) due to the ongoing Middle East conflict. Prices also rose for capital goods (2.0%), boosted by higher machinery costs, as well as motor vehicles, trailers, and semi-trailers, while durable consumer goods climbed 1.9%. By contrast, prices for non-durables fell 1.0%, mainly due to cheaper food, particularly butter and pork. Excluding energy, producer prices rose 1.6%. On a monthly basis, producer prices climbed 1.2%, easing from a 2.5% rise in March, which was the largest increase since August 2022 but above the expected 1.0% gain, marking the second straight month of increase.
2026-05-20
Germany Producer Prices Fall the Least in a Year
Producer prices in Germany fell 0.2% year-on-year in March 2026, easing from a 3.3% decline in February and marking the mildest drop since the current declining trend began in March last year. The softer annual decline came as energy prices fell at a slower pace (-3.2%), with lower natural gas and electricity costs partly offset by sharp increases in mineral oil products, reflecting the impact of tensions in the Middle East. Prices of non-durable consumer goods also declined (-0.3%), mainly due to cheaper food, particularly butter and pork. Meanwhile, prices for capital goods (1.9%) and durable consumer goods (1.9%) continued to rise, alongside intermediate goods (1.5%) primarily due to higher costs of metals and wood products. Excluding energy, producer prices rose 1.3%. On a monthly basis, producer prices jumped 2.5%, the largest increase since August 2022 and well above the expected 1.4% rise, driven primarily by a surge in energy costs (7.5%).
2026-04-20