The producer prices of industrial products in Germany were 2.2 per cent lower year on year (YoY) and 0.5 per cent lower month on month (MoM) in August this year, according to the Federal Statistical Office (Destatis).
Such prices were down by 1.5 per cent YoY in July 2025 and by 1.3 per cent YoY in June.Lower energy prices were the main reason for the YoY decline in producer prices in August. Energy prices in August were down by 8.5 per cent YoY and 1 per cent MoM.
When energy prices are excluded, producer prices in August 2025 were up by 0.8 per cent YoY and dropped by 0.2 per cent MoM, a Destatis release said.
News Courtesy: Fibre2fashion