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German Wholesale Prices Rebound in 2025, Up 1.0% for the Year

Concentrated jumps in non‑ferrous metals alongside pricier coffee and other foods drove the rise.

Overview

  • Wholesale selling prices in December 2025 were 1.2% higher than a year earlier but slipped 0.2% from November.
  • Non‑ferrous ores, metals and semi‑finished products surged 34.6% year over year in December and rose 4.9% from November.
  • For 2025 on average, food‑related categories climbed sharply, including coffee, tea, cocoa and spices (+26.2%), sugar and baked goods (+14.7%), and meat (+7.4%).
  • Price declines tempered the index, notably grains, raw tobacco, seed and feed (-7.3% year over year in December) and mineral oil products (-3.1% in December; -3.8% for the year).
  • Consumer prices rose 1.8% year over year in December, with a 2.2% annual average for 2025, reflecting cheaper energy alongside persistent service‑sector pressure.