BREAKING: Producer Inflation in Germany lower than expected

Monthly producer inflation in Germany declined for September by -0.1% MoM with expectations at +0.1% MoM and previous reading at -0.5% MoM.

Annual reading came out below expectations as well. The print was -1.7% YoY with expectations at -1.6% YoY and previous reading at -2.2% YoY.

The Producer Price Index (PPI) data for Germany in September came in softer than expected, showing the continued easing of wholesale price pressures. The modest drag on the headline monthly figure was primarily driven by a decline in energy prices (-0.3%). When stripping out energy, German producer prices were flat compared to August, indicating that core inflation pressures at the producer level remain well contained.

A deeper breakdown shows the following price movements:

Capital Goods: Increased slightly by +0.1%.
Durable Goods: Also saw a marginal rise of +0.1%.
Consumer Goods: Prices were flat (0.0%).
Intermediate Goods: Declined slightly by -0.1%.

Overall, this report suggests that upstream inflationary pressures are continuing to moderate in Germany, led by lower energy costs, while price movements in other key sectors remain subdued. EURUSD is slighly lower after the reading but the scale of the move is rather very small:

20 October 2025, 11:54 AM

Will Alibaba’s Aegaeon Revolutionize GPU Usage?

20 October 2025, 9:49 AM

AWS Global Outage Impacts Amazon Services, Stock Remains Stable Ahead of Earnings Report

20 October 2025, 9:02 AM

Chart of the Day: JP225 (20.10.2025)

20 October 2025, 6:52 AM

Macro Calendar: Quiet Start to an Eventful Week

forex
economic reports
CFD News

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

BREAKING: Producer Inflation in Germany lower than expected

Join over 1 700 000 XTB Group Clients from around the world