Economic Buzz: German import prices lower by 1.5% on year in August
Import prices were 1.5% lower in August 2025 compared with August 2024. In both July and June 2025, the year-on-year change rate was -1.4%.
Export prices were 0.5% higher in August 2025 than in August 2024. Compared with the same month a year earlier, the rate of change was +0.6% in July 2025, and +0.7% in June 2025.
Compared with July 2025, export prices dropped by 0.1%.
Once again, the decrease in energy prices, at -15.6% compared with August 2024, had the biggest impact on the overall development of import prices in August 2025. Compared with July 2025, energy prices dropped by an average of 5.0%.
When energy prices are excluded, import prices in August 2025 remained unchanged compared with the previous month and with the same month a year earlier.
In the case of exports, the increase in the prices of consumer and capital goods had the biggest influence on the development of prices in August 2025.
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