FX.co ★ German Producer Price Inflation Slows to 1.8% in June, Easing From May’s 2.2%

Germany’s producer price inflation eased in June 2026, signaling a further moderation in upstream price pressures for Europe’s largest economy.

According to data updated on 20 July 2026, Germany’s Producer Price Index (PPI) rose 1.8% year-over-year in June, down from a 2.2% annual increase recorded in May 2026. Both figures reflect comparisons with the same month a year earlier.

The slowdown in June’s PPI suggests that cost pressures at the factory gate are cooling somewhat, which could, over time, feed into a more benign inflation environment for consumers and businesses. The latest reading may be seen as a welcome sign for policymakers monitoring input costs and broader price dynamics in Germany.