Germany's wholesale prices increased 5.9% year-on-year in May 2026, easing from a 6.3% rise in April, which had marked the strongest annual increase since February 2023. Despite the slowdown, wholesale inflation extended its upward trend for an 18th consecutive month, largely reflecting the impact of Middle East hostilities on commodity markets. Prices continued to surge for petroleum products (30.5%) and non-ferrous ores, metals, and related semi-finished products (36.1%). Further increases were seen in chemical products (13.3%), flowers and plants (8.5%), and iron, steel, and semi-finished products (6.7%). Meanwhile, prices fell for coffee, tea, cocoa, and spices (-10.7%), live animals (-10.1%), and milk, dairy products, eggs, edible oils, and fats (-8.1%). On a monthly basis, wholesale prices dropped 0.6%, reversing April's 2.0% increase and marking the first monthly decline since December, compared with market expectations for a 0.8% rise. source: Federal Statistical Office

Wholesale Prices YoY in Germany decreased to 5.90 percent in May from 6.30 percent in April of 2026. Wholesale Prices YoY in Germany averaged 2.36 percent from 1969 until 2026, 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 June of 2026.

Wholesale Prices YoY in Germany decreased to 5.90 percent in May from 6.30 percent in April of 2026. Wholesale Prices YoY in Germany is expected to be 7.50 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 4.50 percent in 2027 and 2.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-13 06:00 AM
Wholesale Prices YoY
Apr 6.3% 4.1% 5.2%
2026-06-15 06:00 AM
Wholesale Prices YoY
May 5.9% 6.3% 7.6%
2026-07-14 06:00 AM
Wholesale Prices YoY
Jun 5.9% 7.5%


Related Last Previous Unit Reference
Baden Wuerttemberg CPI YoY 2.40 2.60 percent May 2026
Bavaria CPI MoM 2.60 2.90 percent May 2026
Brandenburg CPI YoY 2.80 2.90 percent May 2026
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
Energy Inflation 6.60 10.10 percent May 2026
Export Prices 118.90 117.90 points Apr 2026
Food Inflation 0.70 1.50 percent May 2026
Harmonised Consumer Prices 102.55 102.67 points May 2026
Harmonised Inflation Rate MoM -0.10 0.50 percent May 2026
Harmonised Inflation Rate YoY 2.70 2.90 percent May 2026
Hesse CPI YoY 2.60 2.80 percent May 2026
Import Prices 118.30 116.90 points Apr 2026
Import Prices MoM 1.20 3.60 percent Apr 2026
Import Prices YoY 5.30 2.30 percent Apr 2026
Inflation Rate YoY 2.60 2.90 percent May 2026
Inflation Rate MoM -0.20 0.60 percent May 2026
North Rhine Westphalia CPI YoY 2.40 2.70 percent May 2026
PPI MoM 1.20 2.50 percent Apr 2026
Producer Prices 128.40 126.90 points Apr 2026
PPI YoY 1.70 -0.20 percent Apr 2026
Rent Inflation 2.10 2.10 percent May 2026
Saxony CPI YoY 2.80 2.90 percent May 2026
Services Inflation 3.10 2.80 percent May 2026
Wholesale Prices 124.30 125.10 points May 2026
Wholesale Prices MoM -0.60 2.00 percent May 2026
Wholesale Prices YoY 5.90 6.30 percent May 2026


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
5.90 6.30 20.30 -10.60 1969 - 2026 percent Monthly
NSA

News Stream
Germany Wholesale Prices Rise at Softer Pace
Germany's wholesale prices increased 5.9% year-on-year in May 2026, easing from a 6.3% rise in April, which had marked the strongest annual increase since February 2023. Despite the slowdown, wholesale inflation extended its upward trend for an 18th consecutive month, largely reflecting the impact of Middle East hostilities on commodity markets. Prices continued to surge for petroleum products (30.5%) and non-ferrous ores, metals, and related semi-finished products (36.1%). Further increases were seen in chemical products (13.3%), flowers and plants (8.5%), and iron, steel, and semi-finished products (6.7%). Meanwhile, prices fell for coffee, tea, cocoa, and spices (-10.7%), live animals (-10.1%), and milk, dairy products, eggs, edible oils, and fats (-8.1%). On a monthly basis, wholesale prices dropped 0.6%, reversing April's 2.0% increase and marking the first monthly decline since December, compared with market expectations for a 0.8% rise.
2026-06-15
Germany Wholesale Prices Rise the Most in Over 3 Years
Germany’s wholesale prices surged 6.3% year-on-year in April 2026, accelerating from a 4.1% growth in the prior month and marking the 17th consecutive increase. It was also the fastest rise since February 2023, driven by a 37.3 jump in prices of petroleum products and a 40.2% climb in the cost of non-ferrous ores, non-ferrous metals, and related semi-finished products. Prices were also higher for flowers and plants (9.3%) and chemical products (7.3%). In contrast, prices declined for milk, dairy products, eggs, edible oils and edible fats (-7.8%), and coffee, tea, cocoa, and spices (-7.5%). On a monthly basis, wholesale prices increased 2.0%, slowing from March's 2.7% despite exceeding market forecasts of 1%.
2026-05-13
Germany Wholesale Prices Rise the Most in 3 Years
Germany’s wholesale prices surged 4.1% year-on-year in March 2026, accelerating from a 1.2% growth in the prior three months and marking the 16th consecutive increase. It was also the fastest rise since February 2023, driven by a 17.8 jump in prices of petroleum products and a 48.4% climb in the cost of non-ferrous ores, non-ferrous metals, and related semi-finished products. Prices were also higher for sugar, confectionery, and baked goods (6.1%), and tobacco products (5.9%). In contrast, prices declined for coffee, tea, cocoa and spices (-8.9%), milk, dairy products, eggs, edible oils and edible fats (-8.3%), flour and cereal products (-5.8%), and grain, unmanufactured tobacco, seeds and animal feeds (-3.4%). On a monthly basis, wholesale prices increased 2.7%, picking up from 0.6% in February and topping market estimates of a 0.4% rise.
2026-04-14