Germany’s import prices dropped 2.3% yoy in December 2025, following a 1.9% decline in November and compared with expectations of a 2.6% fall. This marked the ninth consecutive month of declining import prices and the steepest drop since March 2024, driven largely by a sharp fall in energy costs (-20.6%), particularly natural gas (-23.4%), crude oil (-23.2%), hard coal (-20.9%), electricity (-14.0%), and mineral oil products (-13.1%). Excluding energy, import prices were down 0.3%. Prices for capital goods also decreased by 0.5%, while agricultural imports shrank 2.8%, largely weighed down by a 35.4% plunge in raw cocoa. Consumer goods dropped 1.4%, with durable and non- durable goods prices declining 2.5% and 1.1%, respectively. By contrast, intermediate goods rose by 1.2%. On a monthly basis, import prices edged down 0.1% in December, softer than expectations of a 0.4% decline, reversing a 0.5% increase in November. For the full year 2025, import prices averaged fell by 0.3%. source: Federal Statistical Office

Import Prices YoY in Germany decreased to -2.30 percent in December from -1.90 percent in November of 2025. Import Prices YoY in Germany averaged 2.01 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 February of 2026.

Import Prices YoY in Germany decreased to -2.30 percent in December from -1.90 percent in November of 2025. Import Prices YoY in Germany is expected to be -1.90 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 2.00 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-23 07:00 AM
Import Prices YoY
Nov -1.9% -1.4% -1.9%
2026-01-30 07:00 AM
Import Prices YoY
Dec -2.3% -1.9% -2.6% -2.4%
2026-02-27 07:00 AM
Import Prices YoY
Jan -2.3%


Related Last Previous Unit Reference
Baden Wuerttemberg CPI YoY 2.10 1.90 percent Jan 2026
Bavaria CPI MoM 2.10 1.70 percent Jan 2026
Brandenburg CPI YoY 2.20 2.20 percent Jan 2026
CPI 122.80 122.70 points Jan 2026
Core Consumer Prices 117.90 119.10 points Dec 2025
Core Inflation Rate 2.50 2.40 percent Jan 2026
CPI Housing Utilities 118.20 118.20 points Dec 2025
CPI Transportation 128.50 127.90 points Dec 2025
Energy Inflation -1.70 -1.30 percent Jan 2026
Export Prices 115.50 115.60 points Dec 2025
Food Inflation 1.40 1.80 percent Dec 2025
Harmonised Consumer Prices 132.70 132.80 points Jan 2026
Harmonised Inflation Rate MoM -0.10 0.20 percent Jan 2026
Harmonised Inflation Rate YoY 2.10 2.00 percent Jan 2026
Hesse CPI YoY 2.10 2.20 percent Jan 2026
Import Prices 111.30 111.40 points Dec 2025
Import Prices MoM -0.10 0.50 percent Dec 2025
Import Prices YoY -2.30 -1.90 percent Dec 2025
Inflation Rate YoY 2.10 1.80 percent Jan 2026
Inflation Rate MoM 0.10 0.00 percent Jan 2026
North Rhine Westphalia CPI YoY 2.00 1.80 percent Jan 2026
PPI MoM -0.20 0.00 percent Dec 2025
Producer Prices 125.10 125.40 points Dec 2025
PPI YoY -2.50 -2.30 percent Dec 2025
Rent Inflation 2.20 2.20 percent Dec 2025
Saxony CPI YoY 2.30 1.90 percent Jan 2026
Services Inflation 3.20 3.50 percent Jan 2026
Wholesale Prices 117.70 117.90 points Dec 2025
Wholesale Prices MoM -0.20 0.30 percent Dec 2025
Wholesale Prices YoY 1.20 1.50 percent Dec 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
-2.30 -1.90 35.00 -18.20 1963 - 2025 percent Monthly
NSA, 2021=100

News Stream
German Import Prices Fall the Most in 21 Months
Germany’s import prices dropped 2.3% yoy in December 2025, following a 1.9% decline in November and compared with expectations of a 2.6% fall. This marked the ninth consecutive month of declining import prices and the steepest drop since March 2024, driven largely by a sharp fall in energy costs (-20.6%), particularly natural gas (-23.4%), crude oil (-23.2%), hard coal (-20.9%), electricity (-14.0%), and mineral oil products (-13.1%). Excluding energy, import prices were down 0.3%. Prices for capital goods also decreased by 0.5%, while agricultural imports shrank 2.8%, largely weighed down by a 35.4% plunge in raw cocoa. Consumer goods dropped 1.4%, with durable and non- durable goods prices declining 2.5% and 1.1%, respectively. By contrast, intermediate goods rose by 1.2%. On a monthly basis, import prices edged down 0.1% in December, softer than expectations of a 0.4% decline, reversing a 0.5% increase in November. For the full year 2025, import prices averaged fell by 0.3%.
2026-01-30
German Import Prices Drop the Most in 20 Months
Germany’s import prices fell 1.9% year on year in November 2025, following a 1.4% decline in the previous month. This marked the eighth consecutive month of falling import prices and the steepest drop since March 2024, driven largely by a sharp decline in energy costs (-15.7%), particularly crude oil (-21.7%), hard coal (-20.9%), electricity (-10.6%), and mineral oil products (-7.2%). Excluding energy, import prices were down 0.3%. Prices also decreased for capital goods (-0.5%), while agricultural imports fell 3.2%, largely weighed down by a 28.0% slump in raw cocoa. Consumer goods declined 0.3%, with non-durable and durable goods prices falling 0.1% and 1.5%, respectively, driven mainly by a 22.2% drop in olive oil prices. Conversely, intermediate goods prices edged up slightly (0.3%). On a monthly basis, import prices climbed 0.5% in November, beating market expectations of a 0.1% rise, after a 0.2% increase in October and marking the fastest monthly gain in 10 months.
2025-12-23
German Import Prices Fall Less than Expected
Germany's import prices dropped by 1.4% year-on-year in October 2025, following a 1.0% decline in the previous month and coming in better than market expectations of a 1.6% fall. This marked the seventh consecutive month of falling import prices, driven largely by a sharp decline in energy costs (-15.1%), particularly in hard coal (-22.1%), crude oil (-21.1%), and natural gas (-13.7%). Prices also decreased for capital goods (-0.5%), while agricultural imports fell 0.9%, largely weighed by a 22.9% plunge in live pigs. Excluding energy, import prices were unchanged. In contrast, intermediate goods edged slightly higher (0.1%). Consumer goods climbed 0.6%, driven mainly by a 5.4% increase in food prices. Notable surges included shelled hazelnuts (68.7%), coffee (37.9%), and beef (34.3%). On a monthly basis, import prices unexpectedly increased by 0.2% in October, beating market expectations of a flat reading and matching the pace seen in the previous month.
2025-11-28