2025.10.3107:12:23UTC+00Germany Import Prices Drop for 6th Month

In September 2025, Germany experienced a year-on-year decline in import prices by 1.0%, following a 1.5% decrease in August. This represents the sixth consecutive month of declining import prices, largely attributed to notable reductions in energy costs, which fell by 11.0%. Significant decreases were observed in the prices of hard coal, crude oil, and natural gas, dropping by 18.6%, 14.6%, and 11.2%, respectively. Meanwhile, the costs of intermediate goods and capital goods decreased by 0.4% and 0.5%, respectively. When energy costs are excluded, import prices saw a slight increase of 0.1%. Conversely, consumer goods prices rose by 1.1%, primarily driven by a 7.2% increase in food prices. Month-on-month, import prices increased by 0.2% in September, surpassing market expectations, which anticipated a 0.2% drop, and recovering from a 0.5% decline in August.