Development of producer prices in Germany 2022-2024

Published by Statista Research Department, Aug 12, 2024

Producer prices for industrial products (based on domestic sales) in Germany sank by 1.6 percent in June 2024 compared to June 2023, according to preliminary figures.

Development of producer prices for industrial products (domestic sales) in Germany from June 2023 to June 2024

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Release date

July 2024

Region

Germany

Survey time period

June 2023 to June 2024

Special properties

Index basis: 2021 = 100

Supplementary notes

¹ According to preliminary figures.

To access this statistic, click the web link and type the code "61241-0002" into the search bar.

In the reporting month of January 2024, the producer price index for industrial products was converted to the new base year 2021, with all values from January 2021 being recalculated. This resulted in differences between the old rates of change (base year 2015) and the new rates of change. According to Destatis, the main reason for the difference is the changed weighting proportions within the energy sector in the new weighting scheme. 

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