Energy prices were down 11.8 per cent compared with January 2025 and 3.2 per cent from the previous month, making them the primary factor behind the annual decline. Natural gas distribution prices dropped 13.7 per cent YoY, while electricity prices fell 11.2 per cent. Mineral oil products were 8 per cent cheaper than a year earlier, although higher carbon allowance costs pushed them up month on month (MoM).
Excluding energy, producer prices rose 1.2 per cent YoY and 0.6 per cent from December, indicating underlying price pressures in other sectors.
Germany’s producer prices fell 3 per cent year on year in January 2026 and 0.6 per cent month on month, mainly due to an 11.8 per cent drop in energy prices, Destatis reported.
Natural gas and electricity prices declined sharply.
Excluding energy, prices rose 1.2 per cent.
Capital goods, durable consumer goods and intermediate goods recorded annual increases, indicating underlying price pressures.
Among other categories, capital goods prices increased 1.8 per cent YoY, while durable consumer goods rose 2.1 per cent. Intermediate goods were 1.2 per cent more expensive than a year earlier.
Fibre2Fashion News Desk (CG)
