According to the report from Federal Statistical Office (Destatis), in December 2019, the index of producer prices for industrial products decreased by 0.2% compared to the corresponding month of the preceding year. In November 2019 the annual rate of change all over had been -0.7%.

Compared with the preceding month November 2019 the overall index slightly rose by 0.1% in December 2019. Economists had expected a 0.2% increase.

In 2019, the index rose by 1.1% on an annual average from the preceding year.

In December 2019, energy prices as a whole decreased by 2.4% compared to December 2018 (-0.4% compared to November 2019). The overall index disregarding energy was 0.4% up on December 2018 and 0.2% on November 2019. Prices of intermediate goods decreased by 1.8% compared to December 2018. Compared to November 2019 they slightly rose by 0.1% in December 2019. Prices of durable consumer goods were up 1.1%, prices of capital goods increased by 1.4%. Prices of non-durable consumer goods increased by 3.6% compared to December 2018 (+0.9% on November 2019). Food prices were 5.1% up on December 2018.