German producer prices fall 3.3pc in February

20th Mar 2026 08:48

(Sharecast News) - German producer prices fell 3.3% year‑on‑year in February, according to Destatis, coming in weaker than expected.

On a monthly basis, PPI declined 0.5%, driven by lower energy costs, which dropped 12.5% on the year and 1.8% on the month. Natural gas prices saw the steepest fall, dropping 14.3% compared with February 2025. However, Destatis noted that the Middle East crisis, which began on 28 February, had no impact on energy prices during the month.

Elsewhere, prices for capital goods, durable consumer goods and intermediate goods rose 1.7%, 2% and 1.1% year-on-year, respectively, year‑on‑year, while non‑durable consumer goods slipped 0.6%.

Reporting by Iain Gilbert at Sharecast.com