Germany's producer prices declined by 0.2 percent year-on-year in December 2019, after a 0.7 percent drop in the previous month and matching market estimates. This was the smallest fall in producer prices since September, as cost dropped less for both intermediate goods (-1.8 percent vs -2.1 percent) and energy (-2.4 percent vs -3.4 percent), mainly due to natural gas (-6.3%) and petroleum products (-3.4%). Meantime, prices rose further for durable (1.3 percent vs the same as in November), non-durable (3.6 percent vs 2.6 percent) and capital goods (1.4 percent, the same as in November). Excluding energy, producer inflation rose to 0.4 percent in December from 0.2 percent in November. Considering full year of 2019, producer prices went up 1.1 percent. On a monthly basis, producer prices rose 0.1 percent in December, after being flat in November. Producer Prices Change in Germany averaged 2.03 percent from 1950 until 2019, 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. source: Federal Statistical Office

Producer Prices Change in Germany is expected to be 0.60 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 1.60 percent in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Germany Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.70 22.40 -7.80 1950 - 2019 percent Monthly
NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-21 06:00 AM Sep -0.1% 0.3% -0.3% -0.4%
2019-11-20 07:00 AM Oct -0.6% -0.1% -0.4% -0.6%
2019-12-18 07:00 AM Nov -0.7% -0.6% -0.6% -0.8%
2020-01-20 07:00 AM Dec -0.2% -0.7% -0.2% -0.1%
2020-02-20 07:00 AM Jan -0.2%


News Stream
2019-12-18
German Producer Prices Fall the Most in 3 Years
Germany's producer prices declined by 0.7 percent year-on-year in November 2019, the steepest decline since September 2016 and compared to market forecasts of a 0.6 percent drop, due to decreases in cost of energy (-3.4 percent vs -3.1 percent in October) and intermediate goods (-2.1 percent vs -1.7 percent). Meantime, prices rose for durable (1.3 percent vs 1.4 percent), non-durable (2.6 percent vs 2.3 percent) and capital goods (1.4 percent, the same as in October). Excluding energy, producer inflation slowed to 0.2 percent in November from 0.3 percent in October. On a monthly basis, producer prices were flat in November, compared with forecasts of a 0.1 percent rise.

2019-11-20
German Producer Prices Fall the Most in 3 Years
Germany's producer prices declined by 0.6 percent year-on-year in October of 2019, compared to market estimates of a 0.4 percent drop and after a 0.1 percent fall in the previous month. This marked the steepest yearly decrease in producer prices since September 2016, as cost fell more for both energy (-3.1 percent vs -1.9 percent in September) and intermediate goods (-1.7 percent vs -1 percent). In contrast, inflation was unchanged for both durable (at 1.4 percent) and capital goods (at 1.5 percent), while prices of non-durable consumer goods went up faster (2.3 percent vs 1.8 percent). Excluding energy, producer inflation slowed to 0.3 percent in October from 0.5 percent in September. On a monthly basis, producer prices unexpectedly fell 0.2 percent in October, compared to forecasts of a flat reading and following a 0.1 percent gain in September.

2019-10-21
German Producer Prices Fall for First Time in 3 Years
Germany's producer prices fell by 0.1 percent year-on-year in September 2019, following a 0.3 percent gain in the previous month and compared to market estimates of a 0.3 percent decline. This marked the first yearly decrease in producer prices since October 2016, as cost went down further for energy (-1.9 percent vs -0.3 percent in August) and intermediate goods (-1 percent vs -0.9 percent). In contrast, prices advanced at a faster pace for both non-durable consumer goods (1.8 percent vs 1.7 percent) and durable (1.4 percent vs 1.3 percent); while inflation was steady for capital goods (at 1.5 percent). Excluding energy, producer inflation edged down to 0.5 percent in September from 0.6 percent in August. On a monthly basis, producer prices unexpectedly rose by 0.1 percent in September, beating forecasts of a 0.1 percent fall, and rebounding from a 0.5 percent decrease in the prior month.

2019-09-20
German Producer Inflation Slows to Near 3-Year Low
Germany's producer price inflation fell sharply to 0.3 percent year-on-year in August 2019 from 1.1 percent in the previous month and missing market expectations of 0.6 percent. It was the lowest rate since November 2016, due to falls in cost of energy (-0.3 percent vs 2.1 percent in July) and intermediate goods (-0.9 percent vs -0.7 percent). Meanwhile, inflation was unchanged for non-durable consumer goods (at 1.7 percent), capital goods (1.5 percent), and durable consumer goods (at 1.3 percent). Excluding energy, producer inflation inched lower to 0.6 percent in August from 0.7 percent in July. On a monthly basis, producer prices declined by 0.5 percent in August, compared to forecasts of a 0.2 percent fall.

2019-08-20
German Producer Inflation at 2-1/2-Year Low
Germany's producer price inflation inched lower to 1.1 percent year-on-year in July 2019 from 1.2 percent in the previous month, slightly above market expectations of 1.0 percent. It was the lowest producer inflation since December 2016, as cost rose at a softer pace for energy (2.1 percent vs 2.2 percent in June), durable consumer goods (1.3 percent vs 1.4 percent) and non-durable consumer goods (1.7 percent vs 2.1 percent). In addition, intermediate goods prices declined further (-0.7 percent vs -0.2 percent) while capital goods inflation was flat at 1.5 percent. Excluding energy, producer inflation also fell to 0.7 percent in July from 0.9 percent in June. On a monthly basis, producer prices rose by 0.1 percent in July, beating estimates of a flat reading.

2019-07-19
German Producer Inflation at 2-1/2 Year Low of 1.2%
The German producer price inflation dropped to 1.2 percent year-on-year in June 2019 from 1.9 percent in the previous month and below market expectations of 1.4 percent. It was the lowest producer inflation since December 2016, as prices rose at a softer pace for both energy (2.2 percent vs 4.5 percent in May) and capital goods (1.5 percent vs 1.6 percent). In addition, prices of intermediate goods fell (-0.2 percent vs 0.5 percent). Meantime, inflation accelerated for non-durable consumer goods (2.1 percent vs 1.8 percent) while inflation was steady for durable consumer goods (at 1.4 percent). Excluding energy, producer inflation also edged lower to 0.9 percent in June from 1.1 percent in May. On a monthly basis, producer prices went down 0.4 percent in June, missing forecasts of a 0.2 percent decline.


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.

Germany Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.10 11.54 -7.62 percent [+]
Inflation Rate Mom 0.50 -0.80 2.65 -2.73 percent [+]
Consumer Price Index CPI 105.80 105.30 107.00 20.50 points [+]
Harmonised Consumer Prices 106.00 105.40 106.40 75.50 points [+]
Core Consumer Prices 105.90 105.10 106.30 69.80 points [+]
Core Inflation Rate 1.70 1.40 6.29 0.19 percent [+]
Producer Prices 104.50 104.40 105.40 25.50 points [+]
Producer Prices Change -0.20 -0.70 22.40 -7.80 percent [+]
Export Prices 102.40 102.40 102.60 36.20 points [+]
Import Prices 101.50 101.00 109.20 40.80 points [+]
Food Inflation 1.90 1.60 8.22 -3.09 percent [+]
Wholesale Prices 103.80 103.80 106.50 97.30 points [+]
CPI Housing Utilities 105.50 105.40 108.70 57.60 points [+]
CPI Transportation 106.90 106.60 109.50 57.30 points [+]