Commercial product producer prices in Germany increased by 6.7% in September 2026 compared with September 2025, marking the strongest year-on-year increase since March 2023, when prices rose 7.5%. According to the Federal Statistical Office, known as Destatis, producer prices also increased by 1.9% in September 2026 compared with the previous month of August 2026.
The year-on-year increase in producer prices was driven primarily by higher energy costs, which surged by 14.9%. Intermediate goods also registered a substantial price increase of 6.4% compared with the same month of the previous year.
Capital goods and durable consumer goods were likewise more expensive in September 2026 than a year earlier, recording increases of 2.4% and 2.2% respectively. Conversely, non-durable consumer goods were cheaper, registering a decline of 1.8%. Excluding energy, producer prices rose by 3.2% in September 2026 compared to September 2025, and increased by 0.1% compared to August 2026.
Energy prices in September 2026 were up 14.9% year-on-year and increased by 5.8% compared to August 2026. Influenced by military conflicts in Iran and the Middle East, mineral oil product prices stood 51.3% above their levels from September 2025, while rising 8.2% compared to August 2026. Naphtha cost 53.8% more than in September 2025, light heating oil prices jumped by 91.8%, and motor fuels were 48.6% more expensive.
Natural gas distribution costs across all consumer groups averaged 15.0% higher than in the same month of the previous year. Electricity prices rose by 8.2% compared with September 2025, whereas district heating prices decreased by 0.5%.
Prices for intermediate goods were 6.4% higher than in the prior-year month, showing a 0.2% increase compared with August 2026. The upward pressure compared to September 2025 stemmed mainly from higher metal prices, which grew by 14.0%. Specifically, copper and copper semi-finished products surged by 31.4%, while precious metals cost 26.5% more than a year prior. Pig iron, steel, and ferroalloys also recorded higher prices at 8.4%, with reinforcing steel rising by 7.0%.
Basic chemicals increased by 11.3% compared to the same month of the previous year, and fertilizers were 8.9% more expensive. Wood and wood products, including cork, rose by 7.1%, which included a 6.9% increase for coniferous sawn timber and a 2.0% rise for non-coniferous sawn timber. Significant price surges were observed for pellets, briquettes, and logs, which climbed by 38.5% year-on-year.
Glass and glass products rose by 0.1% compared with the previous year, with refined and processed flat glass up 1.0% and hollow glass rising 0.1%. Paper, cardboard, and related articles cost 1.6% more. Animal feedstuffs increased by 8.8% and cereal flour rose by 0.8% compared with September 2025.
Capital goods prices were 2.4% higher year-on-year and 0.1% higher than in August 2026, with machinery costs up 2.1% and motor vehicles and parts rising by 2.0%. Durable consumer goods increased by 2.2% from the previous year and 0.2% from August 2026.
In contrast, consumer goods produced and sold domestically fell by 1.8% compared with September 2025, though they edged up 0.2% from August 2026. Within consumer goods, overall food prices dropped by 4.1%. Notable price decreases compared to September 2025 were recorded for butter down 34.8%, pork down 13.9%, and beef down 9.9%. Conversely, vegetable oils and sugar became more expensive, rising by 14.5% and 4.1% respectively.
