Import prices in Germany were up 29.9% year-on-year in June of 2022, slowing slightly for a third month and in line with market forecasts. Cost of imported energy surged 136%, mainly coal (273.3%), natural gas (198.9%) and crude oil (85.3%). Excluding energy, prices of imports increased 15.4%, namely fertilizers and nitrogen (159.6%), aluminum (65.2%) and paper and cardboard (41.7%). Prices of imported consumer goods increased 13.1%, mainly due to food (22%) and capital imported goods were 7.7% more expensive than a year earlier, mainly machines (8.7%) and motor vehicles (6.1%). Compared to the previous month, import prices rose 1%, above 0.9% in May. source: Federal Statistical Office

Import Prices in Germany averaged 81 points from 1962 until 2022, reaching an all time high of 140.90 points in June of 2022 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 August of 2022.

Import Prices in Germany is expected to be 125.90 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 119.00 points in 2023 and 124.50 points in 2024, according to our econometric models.

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Germany Import Prices



Calendar GMT Actual Previous Consensus TEForecast
2022-07-29 06:00 AM Import Prices MoM Jun 1% 0.9% 0.8% 1.2%
2022-07-29 06:00 AM Import Prices YoY Jun 29.9% 30.6% 29.9% 30.1%


Related Last Previous Unit Reference
Inflation Rate 7.50 7.60 percent Jul 2022
Inflation Rate MoM 0.90 0.10 percent Jul 2022
Consumer Price Index CPI 118.40 117.40 points Jul 2022
Harmonised Consumer Prices 119.00 118.10 points Jul 2022
Core Inflation Rate 3.18 3.21 percent Jul 2022
Core Consumer Prices 113.40 112.40 points Jul 2022
Producer Prices 148.40 147.50 points Jun 2022
Producer Prices Change 37.20 32.70 percent Jul 2022
Export Prices 123.50 122.40 points Jun 2022
Import Prices 140.90 139.50 points Jun 2022
Food Inflation 14.80 12.70 percent Jul 2022
Wholesale Prices 136.30 136.80 points Jul 2022
CPI Transportation 120.60 122.00 points Jul 2022
CPI Housing Utilities 119.50 118.50 points Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
140.90 139.50 140.90 40.80 1962 - 2022 points Monthly
NSA, 2015=100

News Stream
Germany Import Prices Ease Slightly
Import prices in Germany were up 29.9% year-on-year in June of 2022, slowing slightly for a third month and in line with market forecasts. Cost of imported energy surged 136%, mainly coal (273.3%), natural gas (198.9%) and crude oil (85.3%). Excluding energy, prices of imports increased 15.4%, namely fertilizers and nitrogen (159.6%), aluminum (65.2%) and paper and cardboard (41.7%). Prices of imported consumer goods increased 13.1%, mainly due to food (22%) and capital imported goods were 7.7% more expensive than a year earlier, mainly machines (8.7%) and motor vehicles (6.1%). Compared to the previous month, import prices rose 1%, above 0.9% in May.
2022-07-29
German Import Prices Stay Elevated
Import prices in Germany increased 30.6% year-on-year in May of 2022, compared with market forecasts of a 31.5% growth and after a record pace of 31.7% gain in the prior month. Energy imports were 143.8% more expensive than in May 2021, namely natural gas (235.6%) and crude oil (80.2%). Excluding crude oil and mineral oil products, import prices increased by 26.2% compared with a year earlier. Other price increases were also recorded for fertilizers and nitrogen (172.6%); aluminum (70.9%); iron, steel and ferro-alloys (54.8%); plastics (24.4%); machines (8.7%); motor vehicles and parts (6.5%); food (22.%); pharmaceuticals (10.1%); green coffee (63.2%) and cereals (53.1%). Compared to the previous month, import prices rose 0.9%, missing forecasts of 1.6% and slowing from a 1.8% growth in April.
2022-06-30
Germany Import Prices Surge by 31.7% in April
Import prices in Germany increased 31.7% year-on-year in April of 2022, the new highest since the first oil crisis in 1974 and compared with a 31.2% increase in March and forecasts of 32%. Energy imports were 157.4% more expensive than in April 2021, namely natural gas (+301.2%) and crude oil (+77.5%). Excluding crude oil and mineral oil products, import prices increased by 27.6% compared with a year earlier. Other price increases were also recorded for fertilizers and nitrogen (+185.6%); aluminum (+78.4%); iron, steel and ferroalloys (+58%); plastics (+27.7%); machines (+7.9%); motor vehicles and parts (+5.7%); food (+20.7%); pharmaceuticals (+9.5%); green coffee (+68.6%) and cereals (+55.8%). Compared to the previous month, import prices rose 1.8%, lower than 5.7% in March.
2022-05-30