German producer prices were weaker than expected in August, numbers on Friday showed.
According to Destatis, producer prices in Germany fell 2.2% on-year in August, after a 1.5% fall in July. According to FXStreet cited consensus, a fall of 1.8% had been expected for August, so the reading was shy of consensus.
"In August 2025, lower energy prices were the main reason for the year-on-year decline in producer prices. Intermediate goods were also less expensive than a year earlier. By contrast, capital goods, non-durable and durable consumer goods cost more than a year earlier. When energy prices are excluded, producer prices in August 2025 were up 0.8% from the same month of the previous year and dropped by 0.2% from July 2025," Destatis said.
On-month, producer prices eased 0.5% in August, worse than the 0.1% outcome predicted by consensus, according to FXStreet.