Import prices in Germany increased 16.5% year-on-year in August of 2021, a new high since September of 1981, and above market consensus of a 16.1% rise as the energy prices surged and raw materials supply remained limited. Energy prices jumped 93.6%, mainly due to natural gas and crude oil and amid a low base effect from last year. Increases were also recorded for iron ores (96.8%), chemicals (24.4%), paper, sawn and planed wood (61.6%), basic iron, steel and ferro-alloys (57.7%). On a monthly basis, imports prices were up 1.4%. 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 October 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.