Producer prices for industrial products decreased by 1.3 percent in June 2025 compared to June 2024. This marks a slight moderation from the -1.2 percent decline observed in May 2025 when compared to the corresponding month of the previous year. According to data released on Friday by the Federal Statistical Office (Destatis), producer prices edged up by 0.1 percent in June 2025 compared to the previous month.
The primary driver behind the year-on-year decrease in producer prices was a significant drop in energy costs. Prices for intermediate goods also contributed to the decline. Conversely, consumer goods and investment goods were more expensive compared to June 2024. Excluding energy, producer prices rose by 1.3 percent year-on-year in June 2025 and increased by 0.1 percent compared to May 2025.
Energy prices were 6.4 percent lower in June 2025 compared to the same month in 2024, but increased by 0.3 percent compared to May 2025. Decreases in the price of electricity had the most substantial impact on the year-on-year energy price decline. Electricity prices fell 8.8 percent compared to June 2024, representing a slight decrease of 0.3 percent compared to May 2025.
Prices for distributed natural gas were 6.9 percent lower than in June 2024, experiencing an increase of 0.5 percent compared to May 2025. District heating costs were 0.3 percent lower year-on-year, remaining unchanged compared to May 2025.
Mineral oil product prices decreased by 7.7 percent compared to June 2024, showing an increase of 0.9 percent compared to May 2025. Light heating oil was 6.4 percent cheaper than a year prior, accompanied by a rise of 6.6 percent compared to May 2025. Fuel prices were 4.2 percent lower, aligning with a 1.2 percent increase compared to May 2025.
Investment goods were 1.7 percent more expensive in June 2025 compared to June 2024, with no change observed compared to May 2025. Machine costs rose by 1.8 percent year-on-year, accompanied by a slight increase of 0.1 percent compared to May 2025. Prices for motor vehicles and parts increased by 1.0 percent compared to June 2024, remaining unchanged compared to May 2025.
Consumer goods were 3.6 percent pricier in June 2025 compared to the same month in 2024, accompanied by a marginal growth of 0.4 percent compared to May 2025. Food prices were 4.4 percent higher, with a further 0.6 percent increase compared to May 2025. Significant increases in food prices were observed for coffee (+41.2 percent) and beef (+37.5 percent) compared to June 2024. Butter prices increased by 18.2 percent, while sugar prices fell by a substantial 40.2 percent. Pig meat was 1.7 percent cheaper.
Prices for durable consumer goods increased by 1.7 percent year-on-year, showing a slight increase of 0.2 percent compared to May 2025.
Prices for intermediate goods declined by 0.4 percent compared to June 2024 and were 0.2 percent lower than in May 2025.
Basic chemical products were 2.6 percent cheaper than in June 2024, exhibiting a decrease of 0.8 percent compared to May 2025. Flour prices were 1.8 percent lower, with a slight decline of 0.2 percent compared to May 2025. Feed for livestock decreased by 0.7 percent year-on-year, in contrast to a 1.1 percent decrease compared to May 2025.
Metal prices declined by 1.6 percent compared to the previous year, accompanied by a decrease of 0.5 percent compared to May 2025. Raw iron, steel and ferroalloys were 6.2 percent cheaper, experiencing a decrease of 1.4 percent compared to May 2025. Copper and copper goods were 4.3 percent lower than the prices recorded in June 2024, exhibiting a slight decrease of 0.5 percent compared to May 2025. Prices for concrete reinforcing bars, however, increased by 1.1 percent compared to June 2024, representing a decrease of 0.7 percent compared to May 2025.
Price increases were observed for wood and wood products (+4.9 percent), with sawn timber showing an increase of 13.9 percent compared to June 2024, while planed timber decreased by 1.3 percent compared to the same period last year.
Prices for paper, cardboard and related goods were 2.5 percent higher than in June 2024 (0.0 percent compared to May 2025). Glass and glass products were 0.8 percent pricier, with finished flat glass prices showing a rise of 1.7 percent compared to June 2024. Hollow glass prices, however, were 4.4 percent lower than the prices recorded in June 2024, reflecting a slight decrease of 0.3 percent compared to May 2025.
