Germany's import prices surged 10.4% year-on-year in September 2026, accelerating from 8.3% in the previous month and exceeding market expectations of 10.3%. It was the highest level since November 2022, driven largely by a sharp rise in energy costs (61.8% vs 43% in August) amid the ongoing conflict in the Middle East. Electricity prices jumped 96.2%, while mineral oil products (81.3%), crude oil (59.3%), natural gas (53.9%), and hard coal (25.1%) also posted substantial gains. Prices for intermediate goods climbed 11.1%, up from 11.0% in the previous month, led by a 26.8% increase in non-ferrous metals and related semi-finished products. Meanwhile, prices of capital goods climbed 4.5%, while consumer goods prices edged up 0.2%, as a 2.1% rise in durable goods prices was partly offset by a 0.4% decline in non-durable goods prices. On a monthly basis, import prices rose by 2.1%, following a 1% gain in August and beating forecasts of 1.8%, marking the highest reading since March. source: Federal Statistical Office

Import Prices YoY in Germany increased to 10.40 percent in September from 8.30 percent in August of 2026. Import Prices YoY in Germany averaged 2.04 percent from 1963 until 2026, 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 November of 2026.

Import Prices YoY in Germany increased to 10.40 percent in September from 8.30 percent in August of 2026. Import Prices YoY in Germany is expected to be 11.00 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 2.90 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-30 06:00 AM
Import Prices YoY
Aug 8.3% 6.8% 8% 7.7%
2026-10-30 07:00 AM
Import Prices YoY
Sep 10.4% 8.3% 10.3% 9.9%
2026-11-30 07:00 AM
Import Prices YoY
Oct 10.4% 11.2%


Related Last Previous Unit Reference
Baden Wuerttemberg CPI YoY 2.60 2.90 percent Oct 2026
Bavaria CPI MoM 2.80 3.20 percent Oct 2026
Brandenburg CPI YoY 2.90 3.60 percent Oct 2026
CPI 126.60 125.80 points Sep 2026
Core Consumer Prices 122.00 121.70 points Sep 2026
Core Inflation Rate 2.10 2.40 percent Oct 2026
CPI Housing Utilities 120.00 119.60 points Sep 2026
CPI Transportation 140.40 138.10 points Sep 2026
Energy Inflation 12.20 14.90 percent Oct 2026
Export Prices 120.60 120.10 points Aug 2026
Food Inflation 0.30 0.10 percent Sep 2026
Harmonised Consumer Prices 103.93 103.36 points Sep 2026
Harmonised Inflation Rate MoM -0.10 0.60 percent Oct 2026
Harmonised Inflation Rate YoY 2.80 3.30 percent Oct 2026
Hesse CPI YoY 2.90 3.40 percent Oct 2026
Import Prices 122.20 119.70 points Sep 2026
Import Prices MoM 2.10 1.00 percent Sep 2026
Import Prices YoY 10.40 8.30 percent Sep 2026
Inflation Rate YoY 2.80 3.30 percent Oct 2026
Inflation Rate MoM -0.20 0.60 percent Oct 2026
North Rhine Westphalia CPI YoY 2.70 3.30 percent Oct 2026
PPI MoM 1.90 1.10 percent Sep 2026
Producer Prices 133.70 131.20 points Sep 2026
PPI YoY 6.70 4.60 percent Sep 2026
Rent Inflation 2.20 2.20 percent Sep 2026
Saxony CPI YoY 2.80 3.40 percent Oct 2026
Services Inflation 2.50 2.70 percent Oct 2026
Wholesale Prices 127.30 124.90 points Sep 2026
Wholesale Prices MoM 1.90 0.90 percent Sep 2026
Wholesale Prices YoY 8.70 6.80 percent Sep 2026


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
10.40 8.30 35.00 -18.20 1963 - 2026 percent Monthly
NSA, 2021=100

News Stream
German Import Price Inflation Hits Nearly 4-Year High
Germany's import prices surged 10.4% year-on-year in September 2026, accelerating from 8.3% in the previous month and exceeding market expectations of 10.3%. It was the highest level since November 2022, driven largely by a sharp rise in energy costs (61.8% vs 43% in August) amid the ongoing conflict in the Middle East. Electricity prices jumped 96.2%, while mineral oil products (81.3%), crude oil (59.3%), natural gas (53.9%), and hard coal (25.1%) also posted substantial gains. Prices for intermediate goods climbed 11.1%, up from 11.0% in the previous month, led by a 26.8% increase in non-ferrous metals and related semi-finished products. Meanwhile, prices of capital goods climbed 4.5%, while consumer goods prices edged up 0.2%, as a 2.1% rise in durable goods prices was partly offset by a 0.4% decline in non-durable goods prices. On a monthly basis, import prices rose by 2.1%, following a 1% gain in August and beating forecasts of 1.8%, marking the highest reading since March.
2026-10-30
German Import Prices at Near 4-Year High
Germany's import prices rose 8.3% year-on-year in August 2026, accelerating from 6.8% in the previous month and exceeding market expectations of 8%. This marked the highest level since December 2022, driven largely by a sharp rise in energy costs (43% vs 26.4% in July) amid ongoing tensions in the Middle East. Electricity prices surged 63.9%, while petroleum products (63.3%), natural gas (41.9%), crude oil (32.0%), and hard coal (18.3%) also posted substantial gains. Prices for intermediate goods climbed 11%, up from 10.2% in the previous month, led by a 29.1% increase in non-ferrous metals and related semi-finished products. Meanwhile, consumer goods prices continued to decline (-0.5% vs -0.2%), as lower prices for non-durable goods (-0.9%) outweighed a 1.2% rise in durable goods costs. On a monthly basis, import prices increased to 1% from 0.2% in July, beating forecasts of 0.7% and marking the highest reading since April.
2026-09-30
German Import Prices Rise at Faster Pace
Germany’s import prices increased 6.8% yoy in July 2026, accelerating from June’s 6.1%, marking the fifth consecutive month of growth. The latest reading was at the same pace as in May, marking the fastest increase since December 2022. Energy prices remained the main driver (26.4% vs 23.9% in June), with notable rises in mineral oil (47.5%), crude oil (22.3%), electricity (19.7%), hard coal (17.5%), and natural gas (18.8%). Capital goods inflation also strengthened (3.5% vs 2.9%). The cost of intermediate goods eased slightly (10.2% vs 10.3%), with prices rising for non-ferrous metals and semi-finished products (26.0%), including precious metals (25.1%) and copper (33.3%). By contrast, consumer goods prices continued to fall (-0.2% vs -0.8%), as non-durable goods dropped 0.5% while durable goods rose 1.5%. On a monthly basis, import prices rose 0.2%, after a 0.7% fall in June and matching forecasts.
2026-08-28