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.