Germany’s producer prices increased 3.0% year-on-year in July 2026, marking the fourth straight month of producer price growth and accelerating from June’s reading of 1.8% and surpassing market forecasts of 2.7%. It was the fastest increase in producer prices since April 2023, mainly boosted by rises in intermediate goods (5.4% vs 5.1% in June), due to surges in metals, precious metals, copper, and semi-finished copper. Meanwhile, energy prices rose 3.8% (vs 0.4%), lifted by petroleum, naphtha, heating oil, motor fuels, and natural gas, though falls in electricity partly offset the rise. Capital goods climbed 2.3%, and durable consumer goods advanced 2.0%, reflecting higher prices for machinery and motor vehicles. In contrast, non-durable consumer goods dropped 2.3%. Excluding energy, producer prices increased 2.7%. Monthly, prices rose 1.1%, rebounding from a 0.3% drop in June, exceeding market estimates for a milder 0.7% increase and marking the fastest pace in three months. source: Federal Statistical Office

Producer Prices in Germany increased 3 percent in July 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 August of 2026.

Producer Prices in Germany increased 3 percent in July of 2026 over the same month in the previous year. Producer Prices Change in Germany is expected to be 2.50 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 2.00 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-20 06:00 AM
PPI YoY
Jun 1.8% 2.2% 1.8%
2026-08-20 06:00 AM
PPI YoY
Jul 3% 1.8% 2.7% 2.4%
2026-09-18 06:00 AM
PPI YoY
Aug 3%


Related Last Previous Unit Reference
CPI 125.60 124.60 points Jul 2026
Core Consumer Prices 121.60 121.20 points Jul 2026
Core Inflation Rate 2.40 2.50 percent Jul 2026
CPI Housing Utilities 119.30 118.90 points Jul 2026
CPI Transportation 137.70 133.30 points Jul 2026
Export Prices 119.60 119.50 points Jun 2026
Food Inflation 0.40 0.60 percent Jul 2026
Harmonised Consumer Prices 103.20 102.32 points Jul 2026
Import Prices 118.30 119.10 points Jun 2026
Inflation Rate YoY 2.80 2.30 percent Jul 2026
Inflation Rate MoM 0.80 -0.30 percent Jul 2026
PPI MoM 1.10 -0.30 percent Jul 2026
Producer Prices 129.80 128.40 points Jul 2026
PPI YoY 3.00 1.80 percent Jul 2026
Wholesale Prices 123.80 123.50 points Jul 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
3.00 1.80 38.70 -9.20 1950 - 2026 percent Monthly
NSA

News Stream
German Producer Inflation Hits Over 3-Year High
Germany’s producer prices increased 3.0% year-on-year in July 2026, marking the fourth straight month of producer price growth and accelerating from June’s reading of 1.8% and surpassing market forecasts of 2.7%. It was the fastest increase in producer prices since April 2023, mainly boosted by rises in intermediate goods (5.4% vs 5.1% in June), due to surges in metals, precious metals, copper, and semi-finished copper. Meanwhile, energy prices rose 3.8% (vs 0.4%), lifted by petroleum, naphtha, heating oil, motor fuels, and natural gas, though falls in electricity partly offset the rise. Capital goods climbed 2.3%, and durable consumer goods advanced 2.0%, reflecting higher prices for machinery and motor vehicles. In contrast, non-durable consumer goods dropped 2.3%. Excluding energy, producer prices increased 2.7%. Monthly, prices rose 1.1%, rebounding from a 0.3% drop in June, exceeding market estimates for a milder 0.7% increase and marking the fastest pace in three months.
2026-08-20
German Producer Prices Rise for Third Month
Germany’s producer prices rose 1.8% year-on-year in June 2026, marking a third straight month of producer inflation but easing from May’s reading of 2.2%, which had been the strongest annual increase since May 2023. The strongest push came from intermediate goods, up 5.1%, as costs surged across metals, precious metals, copper, pig iron, steel, and ferroalloys. Energy prices rose 0.4%, lifted by petroleum, naphtha, heating oil, and motor fuels, though falls in natural gas and electricity partly offset the rise despite Middle East tensions. Capital goods gained 2.1%, and durable consumer goods added 1.8%, reflecting higher machinery and motor vehicles. In contrast, non-durable consumer goods fell 2.2%, due to cheaper food, particularly butter and pork. Excluding energy, producer prices increased 2.4%. On a monthly basis, prices fell 0.3%, reversing 0.3% growth in May and marking the first drop since February. It also exceeded market estimates for a milder 0.2% decline.
2026-07-20
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