Germany's producer prices increased at the strongest pace in nearly three years in April, data from the Federal Statistical Office showed on Wednesday.
Producer prices grew 1.7% year-on-year in April, reversing a 0.2% fall in March. The rate was the highest since May 2023 and marked the first rise since February 2025.
The annual increase also surpassed economists' forecast of 1.5%.
Data showed that intermediate goods prices moved up 2.6%. At the same time, prices of capital goods and energy rose 2%. Durable consumer goods cost was up 1.9%.
By contrast, non-durable consumer goods prices were 1% lower than in the same period last year.
Excluding energy, producer prices climbed 1.6% from a year ago, data showed. On a monthly basis, producer prices grew 1.2% in April but were weaker than the forecast of 2%.
