Germany's producer prices rose 0.9 percent year-on-year in January 2021, the most since July 2019 and beating market forecasts of a 0.3 percent increase. Prices of intermediate goods grew 2.4 percent, the most since November 2018, due mainly to secondary raw material (34.6 percent) and prepared feed for farm animals (11.6 percent). There were also increases in prices of capital (0.7 percent); durables consumer goods (1.5 percent) and energy (0.7 percent), as a national CO2-pricing was introduced in January 2021. On the other hand, non-durable consumer goods cost dropped 1.8 percent, dragged down by food prices (-3.3 percent). Excluding energy, producer prices rose by 0.9 percent in January. source: Federal Statistical Office

Producer Prices Change in Germany averaged 1.99 percent from 1950 until 2021, 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 March of 2021.

Producer Prices Change in Germany is expected to be 0.80 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 1.40 in 12 months time. In the long-term, the Germany Producer Prices Change is projected to trend around 1.40 percent in 2022 and 1.60 percent in 2023, according to our econometric models.

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Germany Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.20 22.40 -7.80 1950 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 07:00 AM Oct -0.7% -1% -0.7% -0.6%
2020-12-18 07:00 AM Nov -0.5% -0.7% -0.6% -0.5%
2021-01-20 07:00 AM Dec 0.2% -0.5% -0.3% -0.4%
2021-02-19 07:00 AM Jan 0.9% 0.2% 0.3% 0.0%
2021-03-19 07:00 AM Feb 0.9%
2021-04-20 06:00 AM Mar
2021-05-20 06:00 AM Apr
2021-06-18 06:00 AM May


News Stream
Germany Producer Prices Rise the Most in 1-1/2 Years
Germany's producer prices rose 0.9 percent year-on-year in January 2021, the most since July 2019 and beating market forecasts of a 0.3 percent increase. Prices of intermediate goods grew 2.4 percent, the most since November 2018, due mainly to secondary raw material (34.6 percent) and prepared feed for farm animals (11.6 percent). There were also increases in prices of capital (0.7 percent); durables consumer goods (1.5 percent) and energy (0.7 percent), as a national CO2-pricing was introduced in January 2021. On the other hand, non-durable consumer goods cost dropped 1.8 percent, dragged down by food prices (-3.3 percent). Excluding energy, producer prices rose by 0.9 percent in January.
2021-02-19
German Producer Prices Rise for 1st Time in 11 Months
Germany's producer prices edged up 0.2 percent year-on-year in December 2020, the first yearly increase since January and compared with market forecasts of a 0.3 percent drop. Prices of intermediate goods advanced 0.8 percent due mainly to precious metals (18.4 percent), metallic secondary raw material (17.0 percent) and copper (11.5 percent). There were also increases in prices of both capital (0.9 percent) and durables consumer goods (1.6 percent). Meanwhile, energy prices inched down 0.1 percent, led by lower cost for petroleum products (-13.5 percent) and natural gas distribution (-3.3 percent); while non-durable consumer goods cost declined 1.9 percent, dragged down by food prices (-3.3 percent). Excluding energy, producer prices were up 0.3 percent in December. Considering 2020 full year, producer prices dropped 1 percent.
2021-01-20
German Producer Prices Fall the Least in 9 Months
Germany's producer prices decreased by 0.5 percent year-on-year in November 2020, the least since February and less than market forecasts of a 0.6 percent fall. Energy prices dropped 2.7 percent, led by lower cost for petroleum products (-16.7 percent) and natural gas distribution (-5.2 percent); while non-durable consumer goods cost declined 0.7 percent, dragged down by food prices (-1.6 percent). Meantime, intermediate goods prices increased 0.2 percent due mainly to precious metals (21.3 percent), metallic secondary raw material (12.4 percent) and copper (9 percent). There were also increases in prices of both capital (0.8 percent) and durables consumer goods (1.5 percent). Excluding energy, producer prices were up 0.3 percent in November. On a monthly basis, producer prices rose 0.2 percent, beating market expectations of 0.1 percent.
2020-12-18
German Producer Prices Drop for 9 Month
Germany's producer prices decreased by 0.7 percent year-on-year in October 2020, the ninth consecutive month of decline and in line with market forecasts. Energy prices dropped 2.9 percent, led by lower cost for petroleum products (-16.0 percent) and natural gas distribution (-5.2 percent); while intermediate goods prices decreased 0.4 percent due mainly to newsprint (-11.0 percent) and basic chemicals (-5.9 percent). Also, non-durable consumer goods cost fell 0.5 percent, dragged down by pork (-19.5 percent). Meantime, there were increases in prices of both capital goods (0.9 percent) and durables consumer goods (1.4 percent). Excluding energy, producer prices edged up 0.1 percent in October. On a monthly basis, producer prices rose 0.1 percent, also matching market expectations.
2020-11-20

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.