{"id":436595,"date":"2026-08-20T14:00:26","date_gmt":"2026-08-20T07:00:26","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/german-producer-prices-nudge-up-again-in-july-as-energy-prices-rise-further-436595\/"},"modified":"2026-08-20T14:00:26","modified_gmt":"2026-08-20T07:00:26","slug":"german-producer-prices-nudge-up-again-in-july-as-energy-prices-rise-further","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/german-producer-prices-nudge-up-again-in-july-as-energy-prices-rise-further-436595\/","title":{"rendered":"German producer prices nudge up again in July as energy prices rise further"},"content":{"rendered":"<div>\n<ul>\n<li>July producer prices +1.1% vs +0.7% m\/m expected<\/li>\n<li>Prior -0.3%<\/li>\n<li>July producer prices +3.0% vs +2.7% y\/y expected<\/li>\n<li>Prior +1.8%<\/li>\n<\/ul>\n<p style=\"text-align: justify\" class=\"text-align-justify\">German producer prices continue to move up again in July but owes much to another jump in energy prices. Of note, energy prices rose by 3.4% in July compared to the month before with\u00a0prices for petroleum products in particular seen 6.6% higher than in June. That contributed much to the headline monthly estimate, as producer prices only rose by 0.1% if you strip out energy prices from the equation.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Looking at other key categories, prices for intermediate goods were seen 0.1% higher in July compared to June. Prices for capital goods also showed a slight increase on the month (+0.2%) and the same for consumer goods (+0.3%).<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">So, there is also a further pick up in prices at the broader level &#8211; not just in energy. And when looking to the annual estimate, the impact of the Middle East conflict is evident with producer prices now seen up by 3% compared to July last year.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>July producer prices +1.1% vs +0.7% m\/m expected Prior -0.3% July producer prices +3.0% vs +2.7% y\/y expected Prior +1.8% German producer prices continue to move up again in July but owes&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436595","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436595"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436595\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}