Such prices were down by 1.5 per cent YoY in July 2025 and by 1.3 per cent YoY in June.
Lower energy prices were the main reason for the YoY decline in producer prices in August. Energy prices in August were down by 8.5 per cent YoY and 1 per cent MoM.
When energy prices are excluded, producer prices in August 2025 were up by 0.8 per cent YoY and dropped by 0.2 per cent MoM, a Destatis release said.
Intermediate goods were also less expensive YoY in the month. By contrast, capital goods, non-durable and durable consumer goods cost more than a year earlier.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!