FX.co ★ German Wholesale Prices Rise the Most in 6 Months

In September 2025, Germany experienced a 1.2% increase in wholesale prices compared to the same month the previous year, an acceleration from the 0.7% rise observed in August. This represents the tenth consecutive month of growth and the swiftest increase since March. The surge was primarily driven by the escalated costs of food, beverages, and tobacco, which rose by 4.2%. Notably, there was a significant increase in the prices of coffee, tea, cocoa, and spices by 22.2%, along with sugar and bakery products soaring 14.5%. Additionally, live animals were up by 10.7%, meat and meat products increased by 10.5%, and dairy, eggs, and oils saw a 5.6% rise. There was also a substantial 23.5% uptick in prices for non-ferrous ores and metals. Conversely, decreases were observed in processing and peripheral equipment, which fell by 4.6%. Prices for scrap and residues declined by 9.2%, while grains, raw tobacco, seeds, and animal feed dropped by 5.2%, and iron, steel, and semi-finished products decreased by 4.1%. On a monthly basis, wholesale prices rose by 0.2%, aligning with forecasts and recovering from a 0.6% decline in August, marking the first monthly increase since June.