German producer prices were weaker than expected last month, numbers on Monday showed, with energy prices continuing to weaken.
Destatis said producer prices declined 0.1% in September from August, but had been expected to perk up 0.1%, according to consensus cited by FXStreet. In August, producer prices weakened 0.5% from July.
Year-on-year, producer prices fell 1.7% in September, the pace of decline easing from 2.2% in August.
"In September 2025, lower energy prices continued to be 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 consumer goods and durable consumer goods cost more than a year earlier. When energy prices are excluded, producer prices in September 2025 rose by 0.9% on the same month of the previous year and remained unchanged compared with August 2025," Destatis said.
Energy prices fell 7.3% on-year last month and declined 0.3% from August.