Producer prices in Germany unexpectedly rose by 0.1% year-on-year in November 2024, rebounding from a 1.1% fall in the previous month, beating market expectations of a 0.3% drop. This marked the first increase in producer prices since June 2023, mainly driven by a rise in capital goods (1.9%), led by higher costs for machinery (2.0%) and motor vehicles and parts (1.4%). Prices also rose for consumer goods (0.9%), non-durable consumer goods (2.4%), and intermediate goods (0.4%). Simultaneously, energy prices fell much softer (-2.4% vs -5.6%), with costs dropping for mineral oil products (-8.6%), light heating oil (-13.2%), motor fuels (-8.4%), natural gas (-7.5%), and electricity (-3.1%). Excluding energy, producer prices rose by 1.3%. On a monthly basis, producer prices increased by 0.5%, the most since April 2023, following a 0.2% gain in October, and above market forecasts of a 0.3% rise. source: Federal Statistical Office

Producer Prices in Germany increased 0.10 percent in November of 2024 over the same month in the previous year. Producer Prices Change in Germany averaged 2.41 percent from 1950 until 2024, reaching an all time high of 38.70 percent in September of 2022 and a record low of -9.20 percent in September of 2023. This page provides the latest reported value for - Germany Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Producer Prices in Germany increased 0.10 percent in November of 2024 over the same month in the previous year. Producer Prices Change in Germany is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-20 07:00 AM
PPI YoY
Oct -1.1% -1.4% -1.1% -0.9%
2024-12-20 07:00 AM
PPI YoY
Nov 0.1% -1.1% -0.3% -0.3%
2025-01-20 07:00 AM
PPI YoY
Dec 0.1% 1%


Related Last Previous Unit Reference
CPI 119.90 120.20 points Nov 2024
Core Consumer Prices 116.00 116.30 points Nov 2024
Core Inflation Rate 3.10 3.00 percent Dec 2024
CPI Housing Utilities 116.30 116.30 points Nov 2024
CPI Transportation 123.80 124.90 points Nov 2024
Export Prices 114.80 114.50 points Oct 2024
Food Inflation 2.44 2.84 percent Nov 2024
Harmonised Consumer Prices 129.30 130.20 points Nov 2024
Import Prices 113.50 112.50 points Nov 2024
Inflation Rate YoY 2.60 2.20 percent Dec 2024
Inflation Rate MoM 0.40 -0.20 percent Dec 2024
PPI MoM 0.50 0.20 percent Nov 2024
Producer Prices 128.40 127.70 points Nov 2024
PPI YoY 0.10 -1.10 percent Nov 2024
Wholesale Prices 116.20 116.20 points Nov 2024

Germany Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
0.10 -1.10 38.70 -9.20 1950 - 2024 percent Monthly
NSA


News Stream
German Producer Prices Rise for 1st Time in 17 Months
Producer prices in Germany unexpectedly rose by 0.1% year-on-year in November 2024, rebounding from a 1.1% fall in the previous month, beating market expectations of a 0.3% drop. This marked the first increase in producer prices since June 2023, mainly driven by a rise in capital goods (1.9%), led by higher costs for machinery (2.0%) and motor vehicles and parts (1.4%). Prices also rose for consumer goods (0.9%), non-durable consumer goods (2.4%), and intermediate goods (0.4%). Simultaneously, energy prices fell much softer (-2.4% vs -5.6%), with costs dropping for mineral oil products (-8.6%), light heating oil (-13.2%), motor fuels (-8.4%), natural gas (-7.5%), and electricity (-3.1%). Excluding energy, producer prices rose by 1.3%. On a monthly basis, producer prices increased by 0.5%, the most since April 2023, following a 0.2% gain in October, and above market forecasts of a 0.3% rise.
2024-12-20
German Producer Prices Fall at Softer Pace
Producer prices in Germany declined by 1.1% year-on-year in October 2024, easing from a 1.4% fall in the previous month and aligning with market expectations. This marked the 16th consecutive period of producer deflation, driven by a sharp drop in energy prices (-5.6%), with costs falling for mineral oil products (-12.9%), light heating oil (-22.7%), fuels (-12.1%), natural gas (-10.1%), and electricity (-7.3%). Excluding energy, producer prices rose by 1.3%. The largest price increases were observed in capital goods (2.0%), led by higher costs for machinery (2.0%) and motor vehicles and parts (1.4%). Prices also rose for consumer goods (1.9%), durable goods (0.9%), and intermediate goods (0.4%). On a monthly basis, producer prices increased by 0.2%, rebounding from a 0.5% drop in September, in line with market forecasts.
2024-11-20
German Producer Prices Drop Further
Producer prices in Germany dropped 1.4% year-on-year in September 2024, slipping further from a 0.8% decrease in the previous two months. This marks the 15th consecutive period of producer deflation, driven by a sharp decline in energy prices (-6.6%), with costs falling for mineral oil products (-14.4%), light heating oil (-27.8%), fuels (-16.1%), natural gas (-10.4%), and electricity (-9.5%). Excluding energy, producer prices rose by 1.2%. Meanwhile, the biggest price increases were seen in capital goods (2%), driven by higher costs for machinery (2.1%) and motor vehicles and parts (1.5%). Prices also rose for consumer goods (1.5%), durable goods (0.9%), and intermediate goods (0.5%). On a monthly basis, producer prices fell by 0.5%, the first decline since February, coming more than forecasts of a 0.2% fall and following a 0.2% rise in August.
2024-10-21