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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Producer Price Index YoY climbed to 1.7% in April 2026
FMPMonthlyReleased May 2026
Germany Producer Price Index YoY climbed to 1.7% in April 2026, released May 2026, up 1.9% from March's -0.2% reading. The print exceeded the 1.5% consensus by 0.2%. Producer Price Index YoY has now risen for 3 consecutive months. Over the past 3 months, Producer Price Index YoY averaged -2.17%, vs -2.4% in the prior 3-month window. Producer Price Index YoY is now the highest in 15 months.
Latest Release
1.7
Actual
1.5
Consensus
-0.2
Previous
Median Absolute Error
±0.26 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 1.18
Actual: 1.7
Error: -0.52
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.32 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▼ Inverse | −0.29 | FOREX | Bearish EUR | → 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 1.7% in May 2026. This beat the market consensus of 1.5% by 0.2%. The reading rose from the previous value of -0.2%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged -1.74%, ranging from -3.3% to 1.7% across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged -1.53%, up from the prior three at -2.2%.
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 0.26%.
WHAT TO WATCH NEXT
The next release is scheduled for June 19, 2026. Same-country events in the next 14 days include Wholesale Prices MoM (Jun 15) and Wholesale Prices YoY (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Producer Price Index YoY - DE
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About Producer Price Index YoY — Germany
DEFINITION
Germany's Producer Price Index YoY rose to 1.700% in May, beating the 1.500% estimate and reversing April's -0.20% contraction. This marks a sharp turnaround from April's decline, signaling renewed inflationary pressures in the German production sector. Markets will closely watch upcoming inflation data and ECB policy responses amid this unexpected rebound. Updated 5/20/26
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 (Apr 2026): actual 1.7 %, consensus 1.5 %. Prior reading (Mar 2026): -0.2 %. Before that (Feb 2026): -3.3 %.
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.