Germany: production prices fall 0.9% annually in April compared to the planned decrease planned

He Production Price Index (IPP) of Germany has fallen 0.9% per year in April After retreating 0.2% in March, as published by the Federal Office of German statistants (Destatis). This is the second month of consecutive setbacks of the IPP. The indicator shows its greatest fall since October and accentuates the decrease of 0.6% expected by the market.

According to the Destatis statement, The decrease in energy prices was the main cause of the year -on -year fall of prices to the producer in April 2025. Instead, non -durable and durable consumer goods, capital goods and intermediate goods were more expensive than in the same month of the previous year. If energy prices are excluded, producer prices in April 2025 increased 1.5% compared to April 2024 and 0.4% compared to March 2025.

TO Monthly level, production prices fall for fifth month, descending 0.6% Faced with the 0.3% setback estimated by consensus.

Euro reaction

The euro reacted to the data with a rebound, also favored by the weakness of the dollar in the currency market after the reduction of the US credit rating by the Moody’s agency. At the time of writing, the EUR/USD has reached a daily maximum in 1,1273 and quotes over 1,1269, winning 0.10% daily.

Economic indicator

Production Price Index (Yoy)

The production price index that publishes DESTIATES It is an estimate of the changes in the prices paid in the German primary markets. The changes in the IPP are an indicator of the inflation of the raw materials. An increase in expectations is bullish for the euro, while a reading lower than the market consensus is bassist.

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Last publication: May 20, 2025 06:00

Frequency: Monthly

Current: -0.9%

Dear: -0.6%

Previous: -0.2%

Fountain: Federal Statistics Office of Germany

Source: Fx Street

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