Germany’s import prices rose 6.8% year-on-year in May 2026, accelerating from a 5.3% increase in April and matching forecasts. This was the third month of price increases and the fastest pace since December 2022. Energy prices remained the main driver of the overall rise, surging 37.2%, the sharpest increase since October 2022, following a 31.0% rise in April. Notable price growth were recorded for crude oil (59.3%), mineral oil (57.3%), electricity (44.1%), hard coal (12.7%), and natural gas (10.4%). Prices for intermediate goods also rose sharply (10.1% vs 7.8%), driven by higher prices for non-ferrous metals and non-ferrous semi-finished metal products (30.3%), especially precious metals (46.6%). Capital goods also became more expensive (2.2% vs 1.5%). Meanwhile, consumer goods prices continued to fall (-1.3% vs -1.4%), with prices for non-durable goods down 1.7%, while prices for durable goods were unchanged. Monthly, import prices increased 0.7%, easing from a 1.2% rise in April. source: Federal Statistical Office

Import Prices YoY in Germany increased to 6.80 percent in May from 5.30 percent in April of 2026. Import Prices YoY in Germany averaged 2.01 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 July of 2026.

Import Prices YoY in Germany increased to 6.80 percent in May from 5.30 percent in April of 2026. Import Prices YoY in Germany is expected to be 7.50 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
2026-05-29 06:00 AM
Import Prices YoY
Apr 5.3% 2.3% 5.3% 5.3%
2026-06-30 06:00 AM
Import Prices YoY
May 6.8% 5.3% 6.6%
2026-07-31 06:00 AM
Import Prices YoY
Jun 6.8% 7.5%


Related Last Previous Unit Reference
Baden Wuerttemberg CPI YoY 2.10 2.40 percent Jun 2026
Bavaria CPI MoM 2.50 2.60 percent Jun 2026
Brandenburg CPI YoY 2.40 2.80 percent Jun 2026
CPI 125.00 125.20 points May 2026
Core Consumer Prices 121.00 120.60 points May 2026
Core Inflation Rate 2.50 2.50 percent Jun 2026
CPI Housing Utilities 119.00 119.10 points May 2026
CPI Transportation 135.00 137.40 points May 2026
Energy Inflation 3.40 6.60 percent Jun 2026
Export Prices 119.50 118.90 points May 2026
Food Inflation 0.70 1.50 percent May 2026
Harmonised Consumer Prices 102.32 102.54 points Jun 2026
Harmonised Inflation Rate MoM -0.20 -0.10 percent Jun 2026
Harmonised Inflation Rate YoY 2.40 2.70 percent Jun 2026
Hesse CPI YoY 2.30 2.60 percent Jun 2026
Import Prices 119.10 118.30 points May 2026
Import Prices MoM 0.70 1.20 percent May 2026
Import Prices YoY 6.80 5.30 percent May 2026
Inflation Rate YoY 2.30 2.60 percent Jun 2026
Inflation Rate MoM -0.30 -0.20 percent Jun 2026
North Rhine Westphalia CPI YoY 2.10 2.40 percent Jun 2026
PPI MoM 0.30 1.20 percent May 2026
Producer Prices 128.80 128.40 points May 2026
PPI YoY 2.20 1.70 percent May 2026
Rent Inflation 2.10 2.10 percent May 2026
Saxony CPI YoY 2.30 2.80 percent Jun 2026
Services Inflation 3.10 3.10 percent Jun 2026
Wholesale Prices 124.30 125.10 points May 2026
Wholesale Prices MoM -0.60 2.00 percent May 2026
Wholesale Prices YoY 5.90 6.30 percent May 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
6.80 5.30 35.00 -18.20 1963 - 2026 percent Monthly
NSA, 2021=100

News Stream
German Import Prices Jump, Highest Since Late 2022
Germany’s import prices rose 6.8% year-on-year in May 2026, accelerating from a 5.3% increase in April and matching forecasts. This was the third month of price increases and the fastest pace since December 2022. Energy prices remained the main driver of the overall rise, surging 37.2%, the sharpest increase since October 2022, following a 31.0% rise in April. Notable price growth were recorded for crude oil (59.3%), mineral oil (57.3%), electricity (44.1%), hard coal (12.7%), and natural gas (10.4%). Prices for intermediate goods also rose sharply (10.1% vs 7.8%), driven by higher prices for non-ferrous metals and non-ferrous semi-finished metal products (30.3%), especially precious metals (46.6%). Capital goods also became more expensive (2.2% vs 1.5%). Meanwhile, consumer goods prices continued to fall (-1.3% vs -1.4%), with prices for non-durable goods down 1.7%, while prices for durable goods were unchanged. Monthly, import prices increased 0.7%, easing from a 1.2% rise in April.
2026-06-30
German Import Prices Rise the Most in Over 3 Years
Germany’s import prices increased 5.3% year-on-year in April 2026, accelerating sharply from a 2.3% rise in the previous month and in line with market forecasts. This marked the fastest pace since January 2023, driven largely by a 31.0% rise in energy costs, the biggest increase since October 2022, as prices increased for mineral oil products (58.1%), crude oil (47.5%), hard coal (8.1%), and natural gas (6.9%). Intermediate goods prices also climbed 7.8%, driven by increases in non-ferrous metals and semi-finished non-ferrous metal products (27.6%) and precious metals (49.9%). Meanwhile, capital goods prices also rose 1.5%. By contrast, consumer goods prices dropped 1.4%, with both durable (-0.2%) and non-durable goods (-1.7%) declining. Meanwhile, agricultural product costs fell 4.7%, led by sharp declines in raw cocoa (-51.1%) and live pigs (-17.1%). On a monthly basis, import prices rose 1.2%, easing from March’s 3.6% increase but remaining above market expectations of 1.1%.
2026-05-29
German Import Prices Rise More than Expected
Germany’s import prices climbed 2.3% yoy in March 2026, rebounding from a 2.3% decline in each of the previous three months and above the forecast of 1.6%. This marked the first increase in import prices since March 2025 and the fastest pace since February 2025, driven largely by a 13.2% rise in energy costs, as prices increased for mineral oil products (41.6%), crude oil (24.6%), and electricity (4.4%). Intermediate goods prices also rose 4.1%, driven by increases in non-ferrous metals and semi-finished non-ferrous metal products (25.8%) and precious metals (58.4%). Capital goods prices also rose 0.6%, while consumer goods prices fell 1.9%, with both durable (-1.1%) and non-durable goods (-2.1%) declining. Meanwhile, agricultural product cost fell 6.2%, led by sharp declines in raw cocoa (-57.8%) and green coffee (-14.4%). Monthly, import prices rose 3.6%, accelerating sharply from February’s 0.3% and above market expectations of 3%, marking the fastest pace since March 2022.
2026-04-30