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%). source: Federal Statistical Office

Producer Prices in Germany decreased 0.20 percent in March 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 April of 2026.

Producer Prices in Germany decreased 0.20 percent in March of 2026 over the same month in the previous year. Producer Prices Change in Germany is expected to be -1.20 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
2026-03-20 07:00 AM
PPI YoY
Feb -3.3% -3% -2.7% -2.7%
2026-04-20 06:00 AM
PPI YoY
Mar -0.2% -3.3% -1.8%
2026-05-20 06:00 AM
PPI YoY
Apr -0.2%


Related Last Previous Unit Reference
CPI 124.50 123.10 points Mar 2026
Core Consumer Prices 120.20 119.50 points Mar 2026
Core Inflation Rate 2.50 2.50 percent Mar 2026
CPI Housing Utilities 118.80 118.10 points Mar 2026
CPI Transportation 135.40 129.60 points Mar 2026
Export Prices 116.60 116.50 points Feb 2026
Food Inflation 0.90 1.50 percent Mar 2026
Harmonised Consumer Prices 102.11 100.94 points Mar 2026
Import Prices 112.80 112.50 points Feb 2026
Inflation Rate YoY 2.70 1.90 percent Mar 2026
Inflation Rate MoM 1.10 0.20 percent Mar 2026
PPI MoM 2.50 -0.50 percent Mar 2026
Producer Prices 126.90 123.80 points Mar 2026
PPI YoY -0.20 -3.30 percent Mar 2026
Wholesale Prices 122.70 119.50 points Mar 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
-0.20 -3.30 38.70 -9.20 1950 - 2026 percent Monthly
NSA

News Stream
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
German Producer Prices Fall by Most Since 2024
Producer prices in Germany declined 3.3% year-on-year February 2026, following a 3.0% drop in January, worse than market expectations of a 2.7% fall. This marked the twelfth consecutive month of falling producer prices and the fastest pace since April 2024, mainly due to a sharper decline in energy costs (-12.5% vs -11.8% in January), particularly natural gas (-14.3%) and electricity (-13.4%). Prices of non-durable consumer goods also continued to drop (-0.6% vs -0.2%), led by lower food costs (-1.9%), notably butter (-42.8%) and pork (-12.5%). Additionally, prices of capital goods (1.7% vs 1.8%), intermediate goods (1.1% vs 1.2%), and durable consumer goods (2.0% vs 2.1%) increased at slightly softer rates. Excluding energy, producer prices rose 1.0%, slowing from a 1.2% growth in the previous month. On a monthly basis, the PPI decreased 0.5%, after falling 0.6% in January, against market forecasts of a 0.3% rise.
2026-03-20
German Producer Prices Drop More than Expected
Producer prices in Germany fell 3% year-on-year in January 2026, following a 2.5% decline in the previous month, exceeding market expectations of a 2.1% drop. The decline was mainly driven by lower energy costs, which fell 11.8%. Key contributors within the energy sector included natural gas (-13.7%), electricity (-11.2%), mineral oil products (-8%), and district heating (-0.3%). At the same time, non-durable goods edged down to 0.2%, weighed down by price decreases in food products (-1.3%). Excluding energy, producer prices increased 1.2%, after a 0.9% gain in December 2025. On the other hand, costs rose for capital goods (1.8%) and durable consumer goods (2.1%). On a monthly basis, producer prices dropped by 0.6% in January, following a 0.2% fall in the preceding period, falling short of market expectations of a 0.3% rise.
2026-02-20