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German producer prices fall 3.3% y/y in February

Summary by WTVB
March 20 (Reuters) – German producer ​prices ‌fell more than expected in ‌February, ​decreasing ⁠by 3.3% ⁠on the year, the federal ​statistics office ⁠reported ⁠on Friday. Analysts ​polled by ​Reuters had expected ‌a 2.7% decline. The ⁠office publishes more detailed ⁠data on ‌its ⁠website. (Reporting ​by ‌Emanuele Berro ​and ⁠Simon Ferdinand Eibach, editing by Thomas ​Seythal)

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Producer prices of industrial products were 3.3% lower in February 2026 than in February 2025. The Federal Statistical Office (Destatis) also reports that producer prices fell by 0.5% in February 2026 compared with the previous month. {/mprestriction} The main reason for the decline in producer prices compared with the same month of the previous year was the lower energy prices in February 2026. Consumer goods were also more favourable than a ye…

Producer prices have not fallen as much as they have for almost two years – cheap energy is pushing prices. Iran's war is not yet visible in the February data.

·Düsseldorf, Germany
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Producer prices for industrial products were 3.3 percent lower in February 2026 than in February 2025. As the Federal Statistical Office (Destatis) announced on Friday, producer prices fell by 0.5 percent compared to the previous month. The main reason for the year-on-year decline in producer prices in February 2026, before the outbreak of war in the Middle East, was again lower energy prices. Consumer goods were also cheaper than a year earlier…

Producer prices for services in Germany rose by an average of 2.2% in 2025 compared to 2024. As the Federal Statistical Office (Destatis) further reports, producer prices for services increased by 2.1% in the fourth quarter of 2025 compared to the fourth quarter of 2024. Compared to the third quarter of 2025, prices rose by 0.3%.

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destatis.de broke the news in on Friday, March 20, 2026.
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