Lower energy prices were the main reason for the YoY decline in producer prices in June.
Intermediate goods were also less expensive than a year earlier. By contrast, durable consumer goods, non-durable consumer goods and capital goods cost more than in June 2024.
When energy prices are excluded, producer prices in June 2025 rose by 1.3 per cent YoY and 0.1 per cent MoM, a Destatis release said.
Energy prices in June 2025 were down by 6.4 per cent YoY and up by 0.3 per cent MoM.
Capital goods prices in June were up by 1.7 per cent YoY and remained stable MoM.
Non-durable consumer goods cost 3.6 per cent more YoY and 0.4 per cent more MoM in June 2025. Durable consumer goods prices were 1.7 per cent higher YoY and 0.2 per cent higher MoM in June.
Intermediate goods prices were lower by 0.4 per cent YoY and 0.2 per cent MoM in June.
Prices of basic chemicals were lower by 2.6 per cent YoY and 0.8 per cent MoM in June.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!