Producer prices in July 2026: +3.0% on July 2025

Press release No. 298 of 20 August 2026

Producer prices of industrial products (domestic sales), July 2026
+3.0% on the same month a year earlier
+1.1% on the previous month

WIESBADEN – The producer prices of industrial products were 3.0% higher in July 2026 than in July 2025. The Federal Statistical Office ( Destatis ) also reports that producer prices in July 2026 were up 1.1% on June 2026.

The increase in producer prices compared with the same month of the previous year is primarily due to higher prices of intermediate goods (+5.4%). The prices of energy (+3.8%) also increased substantially year on year.

Capital goods (+2.3%) and durable consumer goods (+2.0%) were also more expensive in July 2026 than a year earlier. By contrast, lower prices were registered for non-durable consumer goods (-2.3%). When energy prices are excluded, producer prices in July 2026 rose by 2.7% on July 2025 and were up 0.1% compared with June 2026.

Year-on-year increase in energy prices mainly due to higher prices of mineral oil products

Energy prices in July 2026 were up 3.8% from the same month of the previous year. Compared with June 2026, energy cost 3.4% more. The prices of mineral oil products were 31.4% higher than in July 2025, due also to the conflict in Iran and the Middle East. Compared with June 2026, the prices increased by 6.6%. Naphtha cost 34.6% more than in July 2025, and price increases were also observed for heating oil (+52.0%) and motor fuels (+29.4%).

Across all consumer groups, natural gas (distribution) cost 1.6% more. Electricity prices declined by 1.6% compared with July 2025; district heating was less expensive (-0.7%) than in the same month of the previous year.

Large price increase for intermediate goods

Intermediate goods prices in July 2026 were up 5.4% year on year (+0.1% compared with June 2026).

The price increase compared with July 2025 was mainly attributable to higher metal prices (+12.6%). The prices of precious metals (+31.8%), in particular, increased substantially compared with the same month of the previous year, but were down 8.5% from June 2026. Copper and semi-finished copper products cost 28.7% more than a year earlier. In July 2026, basic iron, steel and ferro-alloys were also more expensive (+4.5%) than in July 2025, including reinforcing steel (+5.8%).

The prices of basic chemicals were up 11.5% year on year. Fertilisers were 13.8% more expensive than a year earlier.

Wood and products of wood and cork (+6.6%) also cost more than in the same month of the previous year, including coniferous timber (+7.7%) and non-coniferous timber (+2.3%). Substantial year-on-year price increases were recorded for pellets, briquettes and logs (+33.3%).

The prices of glass and glass products were up 1.4% year on year. Higher prices were registered for shaped and processed flat glass (+4.1%) compared with July 2025, while hollow glass was less expensive (-0.1%).

Compared with July 2025, lower prices were also recorded for paper and paper products, with these products costing 0.4% less than in the same month a year earlier. Prepared feeds for farm animals (-1.3%) and cereal flours (-2.1%) were also considerably less expensive than in July 2025.

Price increases also for capital goods and durable consumer goods, price reductions for non-durable consumer goods

Capital goods prices in July 2026 were up 2.3% year on year (+0.2% compared with June 2026). Compared with July 2025, machinery cost 2.0% more and the prices of motor vehicles, trailers and semi-trailers also increased by 2.0%.

Durable consumer goods cost 2.0% more in July 2026 than in the same month a year earlier (+0.3% compared with June 2026).

By contrast, non-durable consumer goods produced and sold in Germany were 2.3% less expensive than in the same month a year earlier and cost 0.3% less than in June 2026. In the non-durable consumer goods category, food prices (total) dropped by 4.6%. Significantly lower prices than in July 2025 were recorded for butter (-41.4%), pork (-22.2%) and beef (-6.8%). By contrast, higher year-on-year prices were observed for vegetable oils (+12.5%) and sugar (+5.1%).

Methodological notes:

The producer price index for industrial products measures the development of prices for products produced and sold in Germany by the mining and quarrying, manufacturing, and energy and water supply sectors. All charges and taxes on goods are included, except value-added tax. The index therefore reflects price developments at an early stage of the economic process. The 15^th of each reference month is the survey reference date. The current base year of the producer price index for industrial products is 2021. The basket of goods and the index weighting refer to this base year.

More information:

The statistical report (only in German) on producer price indices for industrial products (domestic sales) also includes the latest results. Long time series for the overall index are also available in the table on producer price indices for industrial products (61241-0002) and for sub-indices in the table on producer price indices for industrial products (61241-0004) in the GENESIS-Online database.

Information on CO₂ pricing under the Fuel Emission Allowance Trading Act is provided on the “Producer price index for industrial products” page.

Producer prices of industrial products can also be found on the "Economic Dashboard" (www.dashboard-konjunktur.de) (only in German). In this data portal, the Federal Statistical Office brings together high-frequency indicators from official statistics producers and other data providers on the topics of the economy, finance, the labour market, construction and energy.

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