The index of import prices in Germany declined by 0.7 percent year-on-year in December 2019, compared with market expectations of a 0.6 percent drop and after a 2.1 percent fall in the previous month. Excluding crude oil and mineral oil products, the index dropped by 1.9 percent from a year earlier. Considering full 2019, import prices decreased 1.0 percent over the previous year. On a monthly basis, import prices rose 0.2 percent in December, below forecasts of a 0.3 percent gain and following a 0.5 percent increase in November.
Import Prices in Germany averaged 79.71 points from 1962 until 2019, reaching an all time high of 109.20 points in March of 2012 and a record low of 40.80 points in August of 1962. This page provides the latest reported value for - Germany Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Federal Statistical Office
Import Prices in Germany is expected to be 107.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Import Prices in Germany to stand at 109.00 in 12 months time. In the long-term, the Germany Import Prices is projected to trend around 111.00 points in 2021, according to our econometric models.