Import prices in Germany fell 1.2 percent year-on-year in January of 2021, following a 3.4 percent drop in December and compared to forecasts of a 2.1 percent decline. Energy cost sank 13.1 percent and made the largest downward contribution, namely oil (-20.4 percent). Excluding crude oil and mineral oil products, imports prices increased 0.5 percent. High upward pressure came from cost of electricity (50.4 percent), iron ores (36.2 percent) and natural gas (7.7 percent). On a monthly basis, import prices jumped 1.9 percent month-over-month, higher than 0.6 percent in December and market forecasts of 0.9 percent. source: Federal Statistical Office
Import Prices in Germany averaged 80.07 points from 1962 until 2021, reaching an all time high of 109.20 points in March of 2012 and a record low of 40.80 points in August of 1962. This page provides the latest reported value for - Germany Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Import Prices - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Import Prices in Germany is expected to be 99.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Import Prices in Germany to stand at 105.00 in 12 months time. In the long-term, the Germany Import Prices is projected to trend around 109.00 points in 2022, according to our econometric models.