Press release No. 105 of 20 March 2025
Producer prices of industrial products (domestic sales), February 2025
+0.7% on the same month a year earlier
-0.2% on the previous month
WIESBADEN – The producer prices of industrial products were 0.7% higher in February 2025 than in February 2024. In January 2025, the year-on-year change rate was +0.5%. The Federal Statistical Office (Destatis) also reports that producer prices in February 2025 dropped by 0.2% compared with the previous month.
In February 2025, higher capital goods prices were the main reason for the year-on-year increase in producer prices. Non-durable consumer goods, durable consumer goods and intermediate goods were also more expensive than in the same month of the previous year, while energy was less expensive. When energy prices are excluded, producer prices in February 2025 rose by 1.4% on the same month of the previous year and by 0.3% on January 2025.
Energy prices down year on year and month on month
Energy prices in February 2025 fell by 0.8% from the same month a year earlier. Compared with January 2025, energy prices dropped by 1.0%. Lower prices for natural gas (distribution) had the biggest influence on the year-on-year rate of change for energy. Across all customer groups, the prices of natural gas declined by 2.7% from February 2024 (-2.0% from January 2025). District heating was 1.6% less expensive than in February 2024 (+0.1% compared with January 2025).
Mineral oil product prices dropped 1.7% from February 2024 (+0.1% from January 2025). Heating oil cost 7.5% less than a year earlier (-4.1% compared with January 2025). Motor fuel prices fell by 2.5% (-0.4% from January 2025).
By contrast, electricity was more expensive than in the same month of the previous year, in February 2025 it cost 1.0% more than in February 2024, across all customer groups. Compared with January 2025, electricity prices were down 1.2%.
Price increases for capital goods, non-durable and durable consumer goods
Capital goods prices in February 2025 were 2.0% higher than a year earlier (+0.3% compared with January 2025). Machinery cost 1.9% more than in February 2024. The prices of motor vehicles, trailers and semi-trailers increased by 1.4% from February 2024.
Non-durable consumer goods were 3.0% more expensive in February 2025 than in February 2024 (+0.1% compared with January 2025). Food prices increased by 3.5% from February 2024. Compared with the same month of the previous year, butter prices rose substantially (+37.7%; -2.6% from January 2025); beef (+21.6%; +3.4% from January 2025) and confectionery also cost considerably more (+21.1%; +0.6 % compared with January 2025). By contrast, lower prices than in the same month a year earlier were recorded in February 2025 especially for sugar (-33.5%) and pork (-11.7%).
Durable consumer goods cost 1.2% more in February 2025 than a year earlier (+0.2% compared with January 2025).
Slight price increase for intermediate goods compared with February 2024
Intermediate goods prices were 0.3% higher in February 2025 than a year earlier and up 0.4% on the previous month.
Price increases compared with February 2024 were observed particularly for paper and paper products (+3.6% on the same month a year earlier). Prepared feeds for farm animals were 2.4% more expensive than in the previous year. The prices of basic chemicals increased by 0.7% year on year.
Wood and products of wood and cork cost 3.3% more than in February 2024. Coniferous timber prices rose by 11.8% compared with February 2024. By contrast, the prices of non-coniferous timber were down 5.7% year on year.
The prices of metals were up 0.9% year on year and increased by 0.6% on the previous month. The prices of copper and semi-finished copper products were significantly higher (+11.2%) than in the same month a year earlier. By contrast, basic iron, steel and ferro-alloys cost 8.8% less than in February 2024. The prices of reinforcing steel declined by 4.0% year on year.
The prices of glass and glass products were down 4.6% compared with the same month a year earlier, flat glass, in particular, cost 9.0% less than in February 2024.
Methodological notes:
The producer price index for industrial products measures the development of prices for products produced and sold in Germany by the mining and quarrying, manufacturing, and energy and water supply sectors. All charges and taxes on goods are included, except value-added tax. The index therefore reflects price developments at an early stage of the economic process. The 15th of each reference month is the survey reference date.
More information:
The statistical report (only in German) on producer price indices of industrial products (domestic sales) also includes the latest results. Long time series for the overall index are also available in the table on producer price indices for industrial products (61241-0002) and for sub-indices in the table on producer price indices for industrial products (61241-0004) in the GENESIS-Online database.
Information on CO₂ pricing under the Fuel Emission Allowance Trading Act is provided on the "Producer price index for industrial products" page.
Producer prices of industrial products can also be found on the Economic Dashboard, which is part of Dashboard Germany (www.dashboard-deutschland.de) (only in German). In this data portal, the Federal Statistical Office brings together up-to-date indicators from official statistics producers and other data providers on the topics of the economy, finance, the labour market, construction, housing, energy and Ukraine. The portal also contains the Economic Pulse Monitor (only in German) tool for real-time economic monitoring.
