Germany Import Prices

Last Release

Nov 30, 2024

Actual

113.5

Units In

Points

112.5

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
149.1 Aug 2022	40.8 Aug 1962	82.7 Points	1962-2024	Federal Statistical Office

In Germany, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates.

Latest Updates

Import prices in Germany increased by 23.5% year-on-year in October of 2022, slowing from 29.8% in September and compared to market forecasts of 23.3%. Cost of imported energy surged by 84.1%, mainly natural gas (151.4%), coal (55%) and crude oil (32.6%). Excluding petroleum and petroleum products, prices of imports rose by 21.8%, namely fertilizers & nitrogen (83.2%), paper & cardboard (41.2%) and aluminum & semi-finished products (23.5%). Prices of imported consumer goods increased 14.2%, mainly due to food (25.3%) and capital imported goods were 7.9% more expensive than a year earlier, largely machines (8.8%) and motor vehicles (7.8%). On a monthly basis, import prices fell 1.2%, compared with market forecasts of a 1.7% decline.