Germany’s wholesale prices jumped by 8.7% year-on-year in September 2026, accelerating from 6.8% in the previous month. The latest figure marked the fastest price growth since February 2023, driven largely by sharp increases in energy and intermediate goods prices amid ongoing hostilities in the Middle East. Prices rose at a faster pace for mineral oil products (+48.8%), non-ferrous ores, metals and semi-finished metal products (+24.9%), and grain, raw tobacco, seeds and animal feed (+19.3%). Moreover, prices increased for chemical products (+16.4%) and data processing and peripheral equipment (+12.1%). In contrast, prices fell for live animals (-15.1%), milk, dairy products, eggs, edible fats and oils (-9.7%), and meat and meat products (-6.0%). On a monthly basis, wholesale prices rose by 1.9% in September, accelerating from a 0.9% increase in the previous month. This marked the strongest monthly increase in five months and exceeded market expectations of 0.7%. source: Federal Statistical Office

Wholesale Prices YoY in Germany increased to 8.70 percent in September from 6.80 percent in August of 2026. Wholesale Prices YoY in Germany averaged 2.38 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 October of 2026.

Wholesale Prices YoY in Germany increased to 8.70 percent in September from 6.80 percent in August of 2026. Wholesale Prices YoY in Germany is expected to be 8.50 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 2.70 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-15 06:00 AM
Wholesale Prices YoY
Aug 6.8% 5.3% 6.2%
2026-10-14 06:00 AM
Wholesale Prices YoY
Sep 8.7% 6.8% 7.0%
2026-11-13 07:00 AM
Wholesale Prices YoY
Oct 8.7% 9.1%


Related Last Previous Unit Reference
Baden Wuerttemberg CPI YoY 2.90 2.60 percent Sep 2026
Bavaria CPI MoM 3.20 2.90 percent Sep 2026
Brandenburg CPI YoY 3.60 3.10 percent Sep 2026
CPI 126.60 125.80 points Sep 2026
Core Consumer Prices 122.00 121.70 points Sep 2026
Core Inflation Rate 2.40 2.40 percent Sep 2026
CPI Housing Utilities 120.00 119.60 points Sep 2026
CPI Transportation 140.40 138.10 points Sep 2026
Energy Inflation 14.90 10.50 percent Sep 2026
Export Prices 120.60 120.10 points Aug 2026
Food Inflation 0.30 0.10 percent Sep 2026
Harmonised Consumer Prices 103.93 103.36 points Sep 2026
Harmonised Inflation Rate MoM 0.60 0.20 percent Sep 2026
Harmonised Inflation Rate YoY 3.30 2.90 percent Sep 2026
Hesse CPI YoY 3.40 3.00 percent Sep 2026
Import Prices 119.70 118.50 points Aug 2026
Import Prices MoM 1.00 0.20 percent Aug 2026
Import Prices YoY 8.30 6.80 percent Aug 2026
Inflation Rate YoY 3.30 2.90 percent Sep 2026
Inflation Rate MoM 0.60 0.20 percent Sep 2026
North Rhine Westphalia CPI YoY 3.30 2.90 percent Sep 2026
PPI MoM 1.90 1.10 percent Sep 2026
Producer Prices 133.70 131.20 points Sep 2026
PPI YoY 6.70 4.60 percent Sep 2026
Rent Inflation 2.20 2.20 percent Sep 2026
Saxony CPI YoY 3.40 2.90 percent Sep 2026
Services Inflation 2.70 2.80 percent Sep 2026
Wholesale Prices 127.30 124.90 points Sep 2026
Wholesale Prices MoM 1.90 0.90 percent Sep 2026
Wholesale Prices YoY 8.70 6.80 percent Sep 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
8.70 6.80 20.30 -10.60 1969 - 2026 percent Monthly
NSA

News Stream
Germany Wholesale Inflation Hits More Than 3-Year High
Germany’s wholesale prices jumped by 8.7% year-on-year in September 2026, accelerating from 6.8% in the previous month. The latest figure marked the fastest price growth since February 2023, driven largely by sharp increases in energy and intermediate goods prices amid ongoing hostilities in the Middle East. Prices rose at a faster pace for mineral oil products (+48.8%), non-ferrous ores, metals and semi-finished metal products (+24.9%), and grain, raw tobacco, seeds and animal feed (+19.3%). Moreover, prices increased for chemical products (+16.4%) and data processing and peripheral equipment (+12.1%). In contrast, prices fell for live animals (-15.1%), milk, dairy products, eggs, edible fats and oils (-9.7%), and meat and meat products (-6.0%). On a monthly basis, wholesale prices rose by 1.9% in September, accelerating from a 0.9% increase in the previous month. This marked the strongest monthly increase in five months and exceeded market expectations of 0.7%.
2026-10-14
German Wholesale Inflation Highest Since 2023
Germany’s wholesale prices increased 6.8% year-on-year in August 2026, accelerating from a 5.3% rise in the previous month and marking the 21st consecutive month of increase. It was the fastest increase in wholesale price inflation since February 2023, driven mainly by higher energy products and raw materials amid ongoing hostilities in the Middle East. Prices rose sharply for mineral oil products (36.1%), followed by non-ferrous ores, metals and semi-finished products (27.4%), chemical products (13.6%), and information and communication technology equipment (11.1%). Conversely, prices fell for live animals (-18.3%), milk, dairy products, eggs, edible fats and oils (-10.3%), and meat and meat products (-6.7%). On a monthly basis, wholesale prices rose 0.9%, accelerating from a 0.2% gain in July, marking the fastest pace in four months and surpassing market expectations of 0.1%.
2026-09-15
Germany Wholesale Price Inflation Accelerates
Germany’s wholesale prices rose 5.3% year-on-year in July 2026, accelerating from a 4.9% increase in the previous month, which had marked the slowest growth in three months. The latest result was the 20th consecutive month of wholesale price inflation, driven mainly by higher energy products and raw materials amid ongoing hostilities in the Middle East. Prices rose sharply for non-ferrous ores, metals and semi-finished products (27.8%) and mineral oil products (24.1%), followed by chemical products (13.1%) and information and communication technology equipment (9.0%). In contrast, prices fell for live animals (-18.5%), milk, dairy products, eggs, edible fats and oils (-9.4%), and meat and meat products (-6.1%). On a monthly basis, wholesale prices edged up 0.2%, reversing a 0.7% decline in June and marking the first increase in three months, although the rise was below the 0.4% expected.
2026-08-14