The intermediate goods, a key cost signal for manufacturing supply chains, were the main driver of the annual rise. Prices in this category increased by 5.1 per cent year on year (YoY) and by 0.7 per cent from May 2026, while energy was only 0.4 per cent more expensive than a year earlier and 1.8 per cent cheaper than in May, Destatis said in a press release.
German industrial producer prices rose 1.8 per cent year on year in June 2026 and fell 0.3 per cent from May, according to Destatis.
Intermediate goods rose 5.1 per cent, led by metals and basic chemicals, keeping upstream cost pressure in focus.
Energy was 0.4 per cent higher annually, but mineral oil products climbed sharply amid conflict in Iran and the Middle East.
Producer prices increased due to higher intermediate goods prices. Excluding energy, producer prices in June 2026 were 2.4 per cent higher than in June 2025 and 0.2 per cent above May 2026.
Energy movements were mixed. The annual increase in mineral oil products to the conflict in Iran and the Middle East, reporting a 23.7 per cent rise from June 2025, although prices fell 7.4 per cent from May 2026. Naphtha cost 38.1 per cent more year on year, heating oil rose 23.6 per cent and motor fuels were up 12.0 per cent.
Other price categories showed a less uniform picture. Capital goods were 2.1 per cent more expensive than a year earlier and 0.2 per cent higher than in May, while durable consumer goods were 1.8 per cent higher year on year and unchanged from May. Non-durable consumer goods produced and sold in Germany were 2.2 per cent cheaper than in June 2025 and 0.2 per cent lower than in May.
Fibre2Fashion News Desk
