Germany’s import prices rose 6.8 per cent YoY in May 2026, the strongest annual gain since December 2022.
Energy and intermediate goods drove the increase, signalling cost pressure for manufacturers and import buyers.
Export prices also climbed 3.4 per cent, adding a pricing benchmark for suppliers reviewing current tenders.
Consumer goods imports were cheaper YoY.
Export prices were 3.4 per cent higher than in May 2025, the largest year-on-year (YoY) increase since February 2023, when the rate was 6.6 per cent. Export prices increased 0.5 per cent from April 2026.
Imported intermediate goods prices rose 10.1 per cent YoY and 1.6 per cent month on month (MoM) in May 2026. It said imported energy prices jumped 37.2 per cent from May 2025 and edged up 0.1 per cent from April 2026, with the war in the Middle East continuing to affect energy prices.
Some import categories moved lower. Imported consumer goods were 1.3 per cent less expensive than a year earlier, while durable consumer goods were unchanged and non-durable consumer goods fell 1.7 per cent.
Excluding energy, import prices 3.8 per cent above May 2025 and 0.7 per cent above April 2026. If crude oil and mineral oil products are excluded, the import price index was 4.2 per cent higher year on year and 0.8 per cent higher MoM, keeping input-cost monitoring important for contract pricing and sourcing decisions.
Fibre2Fashion News Desk
