Wholesale prices in Germany rose 0.5% year-on-year in July 2025, easing from a 0.9% gain in June but marking the eighth consecutive monthly increase.

Food, beverages, and tobacco prices climbed 3.5%, led by sharp rises in coffee, tea, cocoa, and spices (16.0%), sugar and bakery products (15.0%), dairy and edible fats (8.8%), meat and meat products (9.4%), live animals (8.4%), and milk, milk products, eggs, and oils (7.3%).

Prices for non-ferrous ores and metals also surged 17.6%.

In contrast, notable declines were seen in solid fuels and mineral oil products (-5.7%), waste and scrap (-9.0%), iron, steel, and ferrous semi-finished products (-5.6%), and computers and related equipment (-4.8%).

On a monthly basis, wholesale prices slipped 0.1%, defying expectations for a 0.2% rise and reversing June’s gain.