Germany’s wholesale prices rose +0.2% MoM and +1.2% YoY in September 2025, extending the upward trend from August (+0.7% YoY) and July (+0.5% YoY), supported mainly by increases in food and metal-related categories.

• Food, beverages, and tobacco prices increased +4.2% YoY and +0.2% MoM, driven by sharp gains in coffee, tea, cocoa & spices (+22.2% YoY), sugar & bakery products (+14.6% YoY), live animals (+10.7% YoY), meat (+10.5% YoY), and dairy, eggs, fats & oils (+5.6% YoY).

• Non-ferrous ores, metals, and semi-finished products rose +23.5% YoY and +4.1% MoM, contributing significantly to the overall price rise.

• Computers and peripheral equipment prices declined -4.6% YoY and -0.1% MoM, extending weakness in technology goods.

• Waste and scrap prices dropped -9.2% YoY and -1.0% MoM, reflecting continued softness in recycling-related materials.

• Grain, unmanufactured tobacco, seeds, and animal feeds fell -5.2% YoY, while iron, steel, and ferrous semi-finished products declined -4.1% YoY.

• Overall, wholesale inflation remained mild, as strong gains in metals and food were partly offset by continued declines in raw and industrial materials.

Germany’s wholesale prices fell -0.6% MoM (vs 0.2% MoM) and rose 0.7% YoY in August 2025 but fell -0.6% MoM, easing slightly from the 0.9% YoY increase seen in June.

• Food, beverages, and tobacco prices rose 4.2% YoY but edged down -0.2% MoM, with strong gains in coffee, tea, cocoa & spices (+17.7%), sugar & bakery products (+14.5%), meat (+9.6%), and dairy, eggs, fats & oils (+7.4%).

• Non-ferrous ores, metals, and semi-finished products jumped +21.1% YoY and were also up +1.6% MoM, showing continued strength in this category.

• Solid fuels and mineral oil products fell -6.9% YoY and -4.2% MoM, weighing on overall wholesale price momentum.

• Waste and scrap prices dropped -10.4% YoY and -3.3% MoM, extending a broad downward trend in recycling materials.

• Computers and peripheral equipment (-4.9% YoY) and iron, steel & ferrous semi-finished products (-4.6% YoY) also contributed to overall price weakness in durable goods categories.

Germany’s wholesale prices fell -0.1% MoM but rose 0.5% YoY in July 2025, easing from +0.9% YoY in June.

• Food, beverages, and tobacco prices rose 3.5% YoY, with strong gains in coffee, tea, cocoa & spices (+16.0%), bakery products (+15.0%), and meat (+9.4%).
• Non-ferrous ores, metals, and semi-finished products jumped +17.6% YoY but fell -1.5% MoM.
• Solid fuels and mineral oil products declined -5.7% YoY but rose +2.0% MoM.
• Waste and scrap prices fell -9.0% YoY, iron & steel products -5.6% YoY, and computers & peripherals -4.8% YoY.

Germany’s wholesale prices rose 0.2% MoM and 0.9% YoY in June 2025, up from +0.4% YoY in May and +0.8% YoY in April.

• Food, beverages, and tobacco prices rose +4.2% YoY, driven by coffee, tea, cocoa, and spices (+26.2%) and bakery products (+18.2%).
• Milk, dairy, eggs, and edible oils rose +8.8% YoY.
• Non-ferrous ores and metals jumped +20.5% YoY.
• Mineral oil and solid fuel prices declined -5.9% YoY.
• Other notable declines: waste and scrap (-6.1% YoY), iron and steel products (-5.4% YoY), and computers and peripherals (-5.0% YoY).