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.

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Germany Import Prices


Calendar GMT Actual Previous Consensus TEForecast
2021-09-29 06:00 AM Import Prices YoY Aug 16.5% 15% 16.1% 16.2%
2021-09-29 06:00 AM Import Prices MoM Aug 1.4% 2.2% 1.2% 1.1%


News Stream
German Import Prices Rise the Most in 40 Years
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%.
2021-09-29
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

Germany Last Unit Reference Previous Highest Lowest
Inflation Rate 4.10 percent Sep/21 3.90 11.54 -7.62
Inflation Rate Mom 0.00 percent Sep/21 0.00 2.65 -2.73
Consumer Price Index CPI 110.10 points Sep/21 110.10 110.10 18.90
Harmonised Consumer Prices 110.10 points Sep/21 109.80 110.10 75.50
Core Inflation Rate 2.90 percent Sep/21 2.80 6.29 0.19
Core Consumer Prices 109.80 points Sep/21 109.90 109.90 69.80
Producer Prices 118.30 points Sep/21 115.60 118.30 25.50
Producer Prices Change 14.20 percent Sep/21 12.00 22.40 -7.80
Export Prices 108.50 points Aug/21 107.70 108.50 36.20
Import Prices 112.40 points Aug/21 110.90 112.40 40.80
Food Inflation 4.80 percent Sep/21 4.50 8.30 -3.10
Wholesale Prices 115.60 points Sep/21 114.70 115.60 97.30
CPI Transportation 114.80 points Sep/21 115.00 115.00 54.30
CPI Housing Utilities 108.30 points Sep/21 108.00 108.30 53.30


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.