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Germany's producer prices decline 1.5% YoY in July 2025

22 Aug '25
1 min read
Germany's producer prices decline 1.5% YoY in July 2025
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Insights

  • Germany's producer prices fell 1.5 per cent YoY in July 2025 after a 1.3 per cent drop in June.
  • Prices slipped 0.1 per cent MoM.
  • Energy was 6.8 per cent cheaper YoY.
  • Intermediate goods fell 0.9 per cent YoY, while capital goods rose 1.8 per cent, non-durables 3.5 per cent and durables 1.9 per cent.
  • Excluding energy, prices rose 1 per cent YoY but declined 0.2 per cent MoM.
Germany’s producer prices of industrial products fell 1.5 per cent in July 2025 compared with the same month last year, following a 1.3 per cent decline in June, the Federal Statistical Office (Destatis) reported.

On a monthly basis, producer prices slipped 0.1 per cent. The fall was mainly driven by energy, which was 6.8 per cent cheaper than a year earlier. Natural gas prices declined 8.6 per cent, electricity fell 7.8 per cent and district heating was 2.1 per cent lower.

Compared with June, energy prices edged up 0.1 per cent, with electricity up 0.9 per cent, while natural gas slipped 1.1 per cent.

Intermediate goods prices fell 0.9 per cent year on year (YoY) and 0.3 per cent month on month (MoM). In contrast, capital goods prices rose 1.8 per cent compared with July 2024 and 0.1 per cent versus June, Destatis said in a release.

Non-durable consumer goods increased 3.5 per cent YoY but dipped 0.2 per cent MoM, while durable consumer goods rose 1.9 per cent annually and 0.2 per cent monthly. Excluding energy, producer prices climbed 1 per cent YoY but fell 0.2 per cent from June.

ALCHEMPro News Desk (HU)

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