Economic Buzz: Germany?s import prices fall 0.4 percent in April

Germany?s import prices dropped 0.4 percent year-on-year in April 2025, the first annual decline since October 2024, driven by an 11.2 percent fall in energy costs. Crude oil plunged 25.3 percent, hard coal 23.1 percent, and mineral oil products 19.0 percent. Intermediate and capital goods prices also slipped, while consumer goods rose 2.6 percent. Excluding energy, import prices were up 0.8 percent. Month-on-month, prices fell 1.7 percent, the steepest drop since April 2020, missing expectations of a 1.4 percent decline.

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