The producer prices of industrial products in Germany were 2.3% lower in November 2025 than in November 2024. The Federal Statistical Office (Destatis) also reports that producer prices in November 2025 remained unchanged compared with the previous month.

In November 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 November 2025 rose by 0.8% on the same month of the previous year, and were down 0.1% compared with October 2025.

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