Economic Buzz: German producer prices down 1.5% on year in July

German producer prices of industrial products were 1.5% lower in July 2025 than in July 2024. In June 2025, the year-on-year rate of change was -1.3%. The Federal Statistical Office (Destatis) also reports that producer prices in July 2025 were down 0.1% compared with the previous month.

When energy prices are excluded, producer prices in July 2025 rose by 1.0% from the same month of the previous year, but decreased by 0.2% compared with June 2025.

Energy prices were down 6.8% in July 2025 from the same month a year earlier. Compared with June 2025, energy prices rose by 0.1%.

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