Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Producer Price Index YoY fell to 1.8% in June 2026
FMPMonthlyReleased July 2026
Germany Producer Price Index YoY fell to 1.8% in June 2026, released July 2026, down 0.4% from May's 2.2% reading. The reading matched the 1.8% consensus. The print is running well above the 12-month average of -1.33%. Over the past 3 months, Producer Price Index YoY averaged 1.95%, vs -2.17% in the prior 3-month window. The reading is in the 91st percentile of the trailing 24-month range.
Latest Release
1.8
Actual
1.8
Consensus
2.2
Previous
Median Absolute Error
±0.35 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 1.78
Actual: 1.8
Error: -0.02
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.32 | FOREX | Moves with | → View |
| EUR/GBP | ▼ Inverse | −0.26 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Germany) was reported at 1.8% in July 2026. This matched the market consensus of 1.8% exactly. The reading fell from the previous value of 2.2%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged -1.15%, ranging from -3.3% to 2.2% across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 1.9%, up from the prior three at -2.93%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/USD (Bullish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.35%.
WHAT TO WATCH NEXT
The next release is scheduled for August 20, 2026. Same-country events in the next 14 days include Retail Sales MoM (Aug 3) and Retail Sales YoY (Aug 3).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Producer Price Index YoY - DE
Loading chart data...
About Producer Price Index YoY — Germany
DEFINITION
Germany's Producer Price Index YoY for June came in at 1.800000%, matching estimates but down from May's 2.200000%. The slowdown signals easing inflationary pressures in producer costs after a peak in May. Market focus now shifts to upcoming inflation data and ECB policy decisions amid this moderation. Updated 7/20/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 1.8 %, consensus 1.8 %. Prior reading (May 2026): 2.2 %. Before that (Apr 2026): 1.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - DE Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | DE | GDP Growth Rate QoQ | 0.2 | 0.4 | 0.1 | 0.15 | High |
| 08:00 | DE | GDP Growth Rate YoY | 0.9 | 0.7 | 0.6 | 0.75 | High |
| 08:00 | DE | Gross Domestic Product QoQ | 0.2 | 0.3 | 0.1 | 0.15 | High |
| 08:00 | DE | Gross Domestic Product YoY | 0.9 | 0.4 | 0.6 | 0.75 | Medium |
| 12:00 | DE | Inflation Rate YoY | 2.8 | 2.3 | 2.7 | 2.75 | High |
| 12:00 | DE | Harmonised Inflation Rate YoY | 2.8 | 2.4 | 2.8 | 2.80 | Low |
| 12:00 | DE | Harmonised Inflation Rate MoM | 0.9 | -0.2 | 0.8 | 0.85 | Low |
| 12:00 | DE | HICP MoM | 0.9 | -0.2 | 0.8 | 0.85 | Low |
| 12:00 | DE | HICP YoY | 2.8 | 2.4 | 2.8 | 2.80 | Low |
| 12:00 | DE | Inflation Rate MoM | 0.8 | -0.3 | 0.7 | 0.75 | Medium |
| 12:00 | DE | CPI YoY | 2.8 | 2.3 | 2.7 | 2.75 | Medium |
| 12:00 | DE | CPI MoM | 0.8 | -0.3 | 0.7 | 0.75 | High |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 07:55 | DE | Unemployment Rate | 6.4 | 6.3 | 6.3 | 6.35 | Medium |
| 07:55 | DE | Employment Change | 6 | -1 | 5 | 5.50 | Medium |
| 07:55 | DE | Unemployed Persons | 2.993 | 2.987 | 2.989 | 2.99 | Medium |