Tuesday, October 20, 2026Moscow
Economy

Oil products in Germany have risen in price over the year by more than half

Prices of producers of petroleum products in Germany in September 2026 were 51.3% higher than last year

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Oil products in Germany have risen in price over the year by more than half

Prices of producers of petroleum products in Germany in September 2026 were 51.3% higher than last year. In just one month, they added 8.2 percent, according to the Federal Statistical Office Destatis. The increase in price was associated with the fighting in Iran and the Middle East.

The sharpest growth among the listed petroleum products was shown by light furnace fuel - by 91.8% compared to September 2025. Nafta rose by 53.8%, motor fuel by 48.6%.

The rate of increase in prices has accelerated compared to August. Then the annual increase in prices for petroleum products was 40.5%, for furnace fuel - 65.3%, for motor fuel - 37.7%. In August, oil products added 4.9%.

Natural gas in September rose on average in all categories of buyers by 15% per year, electricity - by 8.2%. In general, energy became more expensive by 14.9% compared to September 2025 and by 5.8% compared to August. Centralized heat supply, by contrast, fell by 0.5% over the year.

The growth also affected industrial raw materials. Metals have risen in price by 14%, chemical base substances - by 11.3%, fertilizers - by 8.9%. Prices for wood pellets, briquettes and logs increased by 38.5%.

As a result, the overall industrial producer price index rose 6.7% for the year, the strongest since March 2023. The monthly increase was 1.9%. Excluding energy, annual growth was noticeably lower at 3.2%.

The statistics reflect the prices of products manufactured in Germany and sold domestically at the stage of sales by manufacturers. The calculation includes taxes and fees, except VAT. This is a separate indicator that cannot be directly equated with changes in prices at gas stations or in household accounts.

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Source: Московский комсомолец ↗

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