Import prices in Germany increased 15% yoy in July of 2021, the highest rate since September of 1981. Energy prices surged 89.6%, mainly due to natural gas and crude oil and amid a low base effect from last year. Other increases were also recorded for iron ore (108.7%), plastics (42.1%), wood and wood products (57.4%), notebooks (6.4%), cars and car parts (2.2%), natural rubber (47.8%), green coffee (33.8%) and grain (17.8%). On a monthly basis, imports prices were up 2.2%. source: Federal Statistical Office

Import Prices in Germany averaged 80.29 points from 1962 until 2021, reaching an all time high of 110.90 points in July of 2021 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 September of 2021.

Import Prices in Germany is expected to be 111.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Import Prices is projected to trend around 115.00 points in 2022 and 112.00 points in 2023, according to our econometric models.

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Germany Import Prices

Actual Previous Highest Lowest Dates Unit Frequency
110.90 108.50 110.90 40.80 1962 - 2021 points Monthly
NSA, 2015=100


Calendar GMT Actual Previous Consensus TEForecast
2021-07-28 06:00 AM Import Prices MoM Jun 1.6% 1.7% 1.5% 1.2%
2021-07-28 06:00 AM Import Prices YoY Jun 12.9% 11.8% 12.6% 12.5%
2021-08-27 06:00 AM Import Prices YoY Jul 15% 12.9% 13.6% 13.2%
2021-08-27 06:00 AM Import Prices MoM Jul 2.2% 1.6% 0.8% 0.6%


News Stream
Germany Import Prices Continue to Rise
Import prices in Germany increased 15% yoy in July of 2021, the highest rate since September of 1981. Energy prices surged 89.6%, mainly due to natural gas and crude oil and amid a low base effect from last year. Other increases were also recorded for iron ore (108.7%), plastics (42.1%), wood and wood products (57.4%), notebooks (6.4%), cars and car parts (2.2%), natural rubber (47.8%), green coffee (33.8%) and grain (17.8%). On a monthly basis, imports prices were up 2.2%.
2021-08-27
German Import Prices Rise the Most Since 1981
Import prices in Germany advanced by 12.9 percent year-on-year in June of 2021, accelerating from a 11.8 percent increase in the previous month and beating market forecasts of a 12.6 percent gain. This was the biggest annual increase in import prices since October 1981, as energy cost jumped 88.5 percent, mainly due to natural gas (150 percent) and crude oil (81.8 percent). In addition, the prices for imported intermediate goods rose by 17.1 percent, boosted by iron ore (97.4 percent), copper (49.9 percent), plastics in primary forms (44 percent), sawn and planed wood (43.9 percent), veneer, plywood, wood fiber and chipboard (41.8 percent). The prices for agricultural goods were 7.6 percent higher than in June of 2020, led by rises in natural rubber (49.1 percent), green coffee (30.1 percent) and grain (19.6 percent). On a monthly basis, import prices rose 1.6 percent, after a 1.7 percent increase in May, also beating expectations of 1.5 percent.
2021-07-28
German Import Prices Rise Most in Nearly 40 Years
Import prices in Germany rose by 11.8 percent year-on-year in May 2021, accelerating from a 10.3 percent increase in the previous month and beating market forecasts of an 11.3 percent gain. This was the biggest annual increase in import prices since October 1981, mainly reflecting the latest re-opening efforts and a low base year. Energy cost jumped 99.5 percent, mainly on the back of crude oil (135.0 percent). In addition, the prices for imported intermediate goods rose by 15.4 percent, boosted by iron ore (83.6 percent), copper (65.1 percent), non-ferrous metal ores (46.6 percent), and plastics in primary forms (42.9 percent). The prices for agricultural goods were 7.5 percent higher than in May 2020, led by rises in natural rubber (52.2 percent), green coffee (22.2 percent) and grain (18.2 percent). On a monthly basis, import prices jumped by 1.7 percent in May, also beating expectations of 1.5 percent.
2021-06-28
Germany Import Prices Continue to Soar
Import prices in Germany jumped 10.3 percent year-on-year in April of 2021, accelerating from a 6.9 percent rise in March and slightly above market forecasts of a 10 percent gain. It is the biggest increase since December of 2010, mainly due to energy prices which soared 101.3 percent, namely crude (198 percent), mineral oil products (76.6 percent), natural gas (57.6 percent) and electricity (209.6 percent). There is also a base effect from last year when the coronavirus pandemic brought demand to its lowest point and pushed prices down. Excluding crude oil and mineral oil products, import prices increased by 6 percent. On a monthly basis, import prices were up 1.4 percent.
2021-05-28

Germany Import Prices
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.