Germany's producer prices declined by 1.9 percent year-on-year in April 2020, following a 0.8 percent fall in the previous month and compared with market forecasts of a 1.8 percent drop. It was the third straight month of decrease in producer prices and the steepest fall since July 2016. Energy and intermediate prices declined, while cost rose for durable, non-durable, and capital goods. Excluding energy, producer prices fell 0.1 percent year-on-year in April, after a 0.5 percent gain in March. On a monthly basis, producer prices dropped 0.7 percent, compared with market consensus of a 0.6 percent decline.
Producer Prices Change in Germany averaged 2.02 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 May of 2020. source: Federal Statistical Office
Producer Prices Change in Germany is expected to be -2.20 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 0.80 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.