The index of import prices in Germany declined by 4 percent year-on-year in August 2020, easing from a 4.6 percent drop in the previous month and compared with market consensus of a 4.1 percent fall. Excluding crude oil and mineral oil products, the index dropped by 2 percent year-on-year in August. On a monthly basis, import prices rose 0.1 percent, following a 0.3 percent gain in July and compared with market forecasts of a flat reading.
Import Prices in Germany averaged 79.94 points from 1962 until 2020, 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. Germany Import Prices - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Federal Statistical Office
Import Prices in Germany is expected to be 92.00 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 102.00 in 12 months time. In the long-term, the Germany Import Prices is projected to trend around 105.00 points in 2021 and 111.00 points in 2022, according to our econometric models.