Germany’s wholesale selling prices registered a modest 0.5 per cent increase year-on-year in July 2025, according to data from the Federal Statistical Office (Destatis). However, on a month-to-month basis, prices slipped 0.1 per cent compared to June, reflecting mixed market dynamics across different sectors.
The annual rise was largely driven by higher prices in the food, beverages, and tobacco category. Coffee, tea, cocoa, and spices surged by 16 per cent, while sugar, confectionery, and bakery products rose 15 per cent. Meat and meat products increased 9.
4 per cent, live animals by 8.4 per cent, and dairy products by 7.3 per cent. Non-ferrous metals and semi-finished products also recorded a significant 17.
6 per cent annual increase.
On the monthly side, declines were more evident. Prices for coffee, tea, cocoa, and spices fell 6.2 per cent from June, live animals dropped 2.4 per cent, non-ferrous metals declined 1.5 per cent, and dairy products slipped 0.4 per cent. This suggests short-term relief in some high-cost categories despite persistent inflationary pressures in others.
Certain segments experienced year-on-year price drops, with waste and scrap falling 9 per cent, iron and steel down 5.6 per cent, and computers decreasing 4.8 per cent. These declines point to easing costs in heavy industry and technology, potentially balancing the impact of rising prices in essential goods.
Overall, the wholesale price data indicates that while Germany continues to face inflationary pressure in staple goods and raw materials, there are emerging signs of price moderation in industrial and technological sectors, hinting at a gradual cooling in the broader price environment.
