Producer prices for industrial products declined by 2.2 percent in August 2025 compared to August 2024. This follows a decrease of 1.5 percent year-on-year in July 2025 and a 1.3 percent decrease in June 2025, according to data released by the Federal Statistical Office. Month-on-month, producer prices fell by 0.5 percent in August 2025.
The primary driver of the year-on-year decline in producer prices was a significant drop in energy prices. Prices for intermediate goods also proved to be lower than in the previous year. Conversely, prices for investment goods, consumer goods and durable goods increased compared to August 2024. Excluding energy, producer prices rose by 0.8 percent compared to the same month in 2024, while they fell by 0.2 percent compared to July 2025.
Energy prices were 8.5 percent lower in August 2025 compared to August 2024, representing a 1.0 percent decrease compared to July 2025. The most significant influence on this decline stemmed from lower prices for distributed natural gas. Natural gas prices decreased by 11.0 percent year-on-year (a 0.7 percent decrease compared to July 2025).
Electricity prices were 10.8 percent lower than in August 2024, down 1.4 percent compared to July 2025. Prices for district heating were 1.8 percent lower year-on-year, exhibiting a slight increase of 0.0 percent compared to July 2025.
Prices for mineral oil products declined by 7.3 percent year-on-year, representing a decrease of 1.9 percent compared to July 2025. Light heating oil was 7.5 percent cheaper than in the previous year, while fuel prices were 2.5 percent lower, demonstrating a smaller decrease compared to July 2025.
Investment goods saw a 1.8 percent increase in prices compared to August 2024, with a modest increase of 0.1 percent compared to July 2025. Machine prices increased by 1.8 percent, while prices for motor vehicles and parts rose by 0.9 percent, mirroring a smaller increase compared to July 2025.
Consumer goods were 3.3 percent more expensive than in August 2024, but showed a slight decrease of 0.1 percent compared to July 2025. Food prices rose by 4.1 percent year-on-year, unchanged from July. Coffee (+33.1 percent) and beef (+36.6 percent) experienced particularly significant price increases compared to the previous year, while sugar prices dropped considerably. Butter prices were also higher year-on-year, albeit with a smaller increase compared to July 2025. Pork prices were lower compared to the same period last year, demonstrating a smaller decrease compared to July 2025.
Prices for durable goods saw a 1.7 percent increase compared to August 2024, with a smaller increase of 0.0 percent compared to July 2025.
Prices for intermediate goods decreased by 1.0 percent compared to the same month in 2024 and by 0.4 percent compared to July 2025.
Basic chemical products were 2.2 percent cheaper than in August 2024, with only a fractional decrease compared to July 2025. Wheat flour prices decreased by 3.5 percent, reflecting a smaller decrease compared to July 2025. Feed for livestock was also cheaper compared to the same period last year.
Metal prices declined by 1.1 percent compared to the same month in 2024, demonstrating a fractional decrease compared to July 2025. Prices for raw iron, steel and ferroalloys were significantly lower year-on-year, while copper and semi-finished products exhibited a slight increase compared to August 2024.
Prices for lumber, wood and cork products increased by 4.4 percent compared to the same period last year, demonstrating a fractional decrease compared to July 2025. Prices for sawn timber and veneer were higher compared to August 2024. Glass and glass products were also more expensive compared to the same period last year, indicating a larger increase compared to July 2025. Conversely, hollow glass prices were lower than in the same month last year. Paper, cardboard and related products were slightly cheaper than in August 2024, representing a larger decrease compared to July 2025.