Germany August import price index -0.5% vs -0.2% m/m expected

  • Latest data released by Destatis - 30 September 2025
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  • Prior -0.4%
  • Import price index -1.5% vs -1.4% y/y expected
  • Prior -1.4%

The drop here once again owes much to a sharp decline in energy prices, which were down by an average of 5.0% compared to July. If you strip that out, import prices were actually flat on the month and also on a year-on-year basis.

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