Germany July PPI -0.1% vs +0.1% m/m expected

  • Latest data released by Destatis - 20 August 2025
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  • Prior +0.1%

If you strip out energy prices, German producer prices were seen down 0.2% on the month in July. Compared to the same period last year, producer prices are down 1.5% though the large chunk of that owes to a decline in energy prices. If you strip that out, producer prices are seen 1.0% higher compared to July last year.

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