Germany's producer prices decreased by 1.0% year-on-year in September 2020, the eighth consecutive month of decline and compared to market forecasts of a 1.4% drop. This was the smallest drop since March, as energy prices dropped less (-3.3% vs -3.9% in August), led by lower cost for petroleum products (-17.9%) and natural gas distribution (-8.2%), while prices of intermediate goods decreased 1.3% due mainly to secondary raw materials (-14.5%) as well as basic iron, steel and ferro-alloys (-8.3%), paper and paperboard (-6.5%) and basic chemicals (-6.0%). Also, non-durable consumer goods edged down 0.1%, dragged down by pork cost (-16.3%), while prices of sugar increased 19.6%. Meantime, there were increases in prices of both capital goods (0.9%) and durables consumer goods (1.4%). Excluding energy, producer prices fell 0.2% in September, after declining 0.4% in August. On a monthly basis, producer prices unexpectedly rose 0.4%, missing market expectations of a 0.1% decline.

Producer Prices Change in Germany averaged 2 percent from 1950 until 2020, reaching an all time high of 22.40 percent in June of 1951 and a record low of -7.80 percent in July of 2009. 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 October of 2020. source: Federal Statistical Office

Producer Prices Change in Germany is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Germany to stand at 1.20 in 12 months time. In the long-term, the Germany Producer Prices Change is projected to trend around 1.40 percent in 2021 and 1.60 percent in 2022, according to our econometric models.

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Germany Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -1.20 22.40 -7.80 1950 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-20 06:00 AM Jun -1.8% -2.2% -1.5% -1.4%
2020-08-20 06:00 AM Jul -1.7% -1.8% -1.8% -1.7%
2020-09-18 06:00 AM Aug -1.2% -1.7% -1.4% -1.4%
2020-10-20 06:00 AM Sep -1% -1.2% -1.4% -1.1%
2020-11-20 07:00 AM Oct -1%
2020-12-18 07:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
German Producer Prices Drop the Least in 6 Months
Germany's producer prices decreased by 1.0% year-on-year in September 2020, the eighth consecutive month of decline and compared to market forecasts of a 1.4% drop. This was the smallest drop since March, as energy prices dropped less (-3.3% vs -3.9% in August), led by lower cost for petroleum products (-17.9%) and natural gas distribution (-8.2%), while prices of intermediate goods decreased 1.3% due mainly to secondary raw materials (-14.5%) as well as basic iron, steel and ferro-alloys (-8.3%), paper and paperboard (-6.5%) and basic chemicals (-6.0%). Also, non-durable consumer goods edged down 0.1%, dragged down by pork cost (-16.3%), while prices of sugar increased 19.6%. Meantime, there were increases in prices of both capital goods (0.9%) and durables consumer goods (1.4%). Excluding energy, producer prices fell 0.2% in September, after declining 0.4% in August. On a monthly basis, producer prices unexpectedly rose 0.4%, missing market expectations of a 0.1% decline.
2020-10-20
German Producer Prices Drop Less than Estimated
Germany's producer prices decreased by 1.2 percent year-on-year in August 2020, the seventh consecutive month of decline and compared to market forecasts of a 1.4 percent drop. Energy prices were down 3.9 percent, led by lower cost for petroleum products (-14.4 percent) and natural gas distribution (-9.9 percent), while prices of intermediate goods decreased 2.0 percent due mainly to secondary raw materials (-16.8 percent) as well as basic iron, steel and ferro-alloys (-8.7 percent) and basic chemicals (-6.4 percent). Meanwhile, there were rises in prices of non-durable consumer goods (0.3 percent) boosted by food cost, capital goods (1.0 percent) and durable consumer goods (1.5 percent). Excluding energy, producer prices fell 0.4 percent in August, the same pace as in July. On a monthly basis, producer prices were unchanged, compared with market expectations of a 0.1 percent decline.
2020-09-18
German Producer Prices Fall Less than Expected
Germany's producer prices decreased by 1.7 percent year-on-year in July 2020, the sixth consecutive month of declines and compared to market forecasts of a 1.8 percent fall. Energy prices were down 5.8 percent, led by lower cost for petroleum products (-16.7 percent) and natural gas distribution (-14.1 percent), while prices of intermediate goods decreased 2.3 percent due mainly to basic iron, steel and ferro-alloys (-9.0 percent) and basic chemicals (-7.0 percent). Meanwhile, there were rises in prices of non-durable consumer goods (0.5 percent) boosted by food cost, capital goods (1.1 percent) and durable consumer goods (1.6 percent). Excluding energy, producer prices fell 0.5 percent in July, following a 0.4 percent decline in June. On a monthly basis, producer prices went up 0.2 percent, beating market consensus of a 0.1 percent rise.
2020-08-20
German Producer Prices Fall More than Expected
Germany's producer prices decreased by 1.8 percent year-on-year in June 2020, following a 2.2 percent fall in the previous month and compared with market forecasts of a 1.5 percent drop. It was the fifth straight month of decline in producer prices, as energy and intermediate goods prices were down, while consumer and capital goods cost rose. Excluding energy, producer prices decreased by 0.4 percent in June, after a 0.3 percent drop in May. On a monthly basis, producer prices were flat, missing market consensus of a 0.2 percent gain.
2020-07-20

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.