Germany’s import prices fell by 1.4% yoy in July 2025, matching the decline seen in June and slightly exceeding market expectations of a 1.2% drop. This marked the fourth consecutive month of falling import prices and the sharpest decline in three months, largely due to a significant decrease in energy costs (-12.5%). Within the energy category, the steepest drops were recorded in crude oil (-22.7%), hard coal (-17.9%), and mineral oil products (-12.9%). Excluding energy, import prices were 0.2% lower than a year earlier. Meanwhile, intermediate goods declined 1.5% and capital goods fell 0.5%. In contrast, consumer goods rose 1.6%, led by non-durable items (2.3%), particularly food, which surged 9.4% yoy. Notable price increases included orange juice (41.6%), coffee (34.5%), and beef (30.9%). Agricultural imports also climbed 1.9%, driven by sharp rises in onion prices (78.8%) and poultry and eggs (15.2%). Monthly, import prices fell 0.4% in July, following no change in June. source: Federal Statistical Office

Import Prices YoY in Germany remained unchanged at -1.40 percent in July. Import Prices YoY in Germany averaged 2.03 percent from 1963 until 2025, reaching an all time high of 35.00 percent in March of 1974 and a record low of -18.20 percent in July of 1986. This page includes a chart with historical data for Germany Import Prices YoY. Germany Import Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.

Import Prices YoY in Germany remained unchanged at -1.40 percent in July. Import Prices YoY in Germany is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Import Prices YoY is projected to trend around 1.80 percent in 2026 and 2.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-31 06:00 AM
Import Prices YoY
Jun -1.4% -1.1% -1.6% -2.0%
2025-08-29 06:00 AM
Import Prices YoY
Jul -1.4% -1.4% -1.2% -0.6%
2025-09-30 06:00 AM
Import Prices YoY
Aug -1.4%


Related Last Previous Unit Reference
Baden Wuerttemberg CPI YoY 2.50 2.30 percent Aug 2025
Bavaria CPI MoM 2.10 1.90 percent Aug 2025
Brandenburg CPI YoY 2.50 2.20 percent Aug 2025
CPI 122.20 121.80 points Jul 2025
Core Consumer Prices 118.70 118.30 points Jul 2025
Core Inflation Rate 2.70 2.70 percent Jul 2025
CPI Housing Utilities 117.60 117.40 points Jul 2025
CPI Transportation 127.60 126.90 points Jul 2025
Energy Inflation -3.40 -3.50 percent Jul 2025
Export Prices 115.30 115.50 points Jul 2025
Food Inflation 2.80 2.70 percent Jul 2025
Harmonised Consumer Prices 132.40 131.90 points Jul 2025
Harmonised Inflation Rate MoM 0.10 0.40 percent Aug 2025
Harmonised Inflation Rate YoY 2.10 1.80 percent Aug 2025
Hesse CPI YoY 2.40 2.40 percent Aug 2025
Import Prices 111.00 111.50 points Jul 2025
Import Prices MoM -0.40 0.00 percent Jul 2025
Import Prices YoY -1.40 -1.40 percent Jul 2025
Inflation Rate YoY 2.20 2.00 percent Aug 2025
Inflation Rate MoM 0.10 0.30 percent Aug 2025
North Rhine Westphalia CPI YoY 2.00 1.80 percent Aug 2025
PPI MoM -0.10 0.10 percent Jul 2025
Producer Prices 126.00 126.10 points Jul 2025
PPI YoY -1.50 -1.30 percent Jul 2025
Rent Inflation 2.10 2.10 percent Jul 2025
Saxony CPI YoY 2.20 2.10 percent Aug 2025
Services Inflation 3.10 3.30 percent Jul 2025
Wholesale Prices 117.60 117.70 points Jul 2025
Wholesale Prices MoM -0.10 0.20 percent Jul 2025
Wholesale Prices YoY 0.50 0.90 percent Jul 2025

Germany Import Prices YoY
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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.40 -1.40 35.00 -18.20 1963 - 2025 percent Monthly
NSA, 2021=100

News Stream
German Import Prices Fall More than Expected
Germany’s import prices fell by 1.4% yoy in July 2025, matching the decline seen in June and slightly exceeding market expectations of a 1.2% drop. This marked the fourth consecutive month of falling import prices and the sharpest decline in three months, largely due to a significant decrease in energy costs (-12.5%). Within the energy category, the steepest drops were recorded in crude oil (-22.7%), hard coal (-17.9%), and mineral oil products (-12.9%). Excluding energy, import prices were 0.2% lower than a year earlier. Meanwhile, intermediate goods declined 1.5% and capital goods fell 0.5%. In contrast, consumer goods rose 1.6%, led by non-durable items (2.3%), particularly food, which surged 9.4% yoy. Notable price increases included orange juice (41.6%), coffee (34.5%), and beef (30.9%). Agricultural imports also climbed 1.9%, driven by sharp rises in onion prices (78.8%) and poultry and eggs (15.2%). Monthly, import prices fell 0.4% in July, following no change in June.
2025-08-29
German Import Prices Fall Less Than Expected
Germany’s import prices fell by 1.4% year-on-year in June 2025, following a 1.1% decline in May but less than market expectations of a 1.6% drop. This marked the third straight month of falling import prices, mainly due to a sharp decline in energy costs (-13.6%), particularly electricity (-24.7%), crude oil (-20.6%), hard coal (-18.1%), and mineral oil products (-14.4%). Excluding energy, import prices were 0.1% higher from a year earlier, though they fell 0.4% from May. Intermediate goods dropped 1.2% and capital goods slipped 0.5% on an annual basis. In contrast, consumer goods rose 2.1%, led by non-durable items (+8%), especially food, with notable price increases in coffee (+36.1%), beef (+33.5%), and chocolate (+34.2%). Agricultural imports also rose (+1.7%), driven by sharp gains in onion (+61.7%) and green coffee (+37.4%) prices. On a monthly basis, import prices were unchanged, following a 0.7% drop in May.
2025-07-31
German Import Prices Drop More than Expected
Germany’s import prices decreased by 1.1% year-on-year in May 2025, worse than market forecasts of a 0.8% fall and April’s drop of 0.4%. This marked the second consecutive month of falling import prices, primarily due to lower energy costs (-14.6%), particularly crude oil (-26.4%), hard coal (-21.2%), and mineral oil products (-17.3%). Additionally, prices for intermediate goods dropped by 1%, while costs for capital goods edged down by 0.3%. By contrast, consumer goods were 2.7% more expensive, with costs for non-durable consumer goods rising by 3.3%, while prices for durable consumer goods were unchanged. Excluding energy, import prices were 0.4% higher. On a monthly basis, import prices fell by 0.7% in May, more than market expectations of a 0.4% drop but easing from a 1.7% decline in April.
2025-06-30