Economic Buzz: German producer prices up 1.8% in June

Producer prices in Germany rose by 1.8% in June compared to the same month in the previous year, the country's statistical office Destatis revealed in its report on Monday. The figure decreased by 0.3% compared to May.

The annual rise in producer prices in the reported month was mainly attributed to an increase in intermediate goods, which climbed by 5.1% year-on-year, followed by energy prices, which advanced by 0.4% compared to June 2025. Capital goods and durable consumer goods grew by 2.1% and 1.8%, respectively, on an annual basis, while non-durable consumer goods declined by 2.2%.

Within the energy sector, the main driver of higher prices was the increase in mineral oil products prices, which jumped by 23.7% compared to the same period in the previous year due to the conflict in Iran and the Middle East. However, the prices of natural gas and electricity decreased by 1.8% and 4.2%, respectively, year over year.

Powered by Commodity Insights