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Textiles
Germany's import prices rise 6.8% in May 2026
01 Jul '26
2 min read
Pic: Generated by ChatGPT
Insights
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.
Germany’s import prices were 6.8 per cent higher in May 2026 than in May 2025, according to the Federal Statistical Office (Destatis). The May reading was the strongest annual rise since December 2022, when import prices were 9.6 per cent higher than a year earlier, and followed annual increases of 5.3 per cent in April 2026 and 2.3 per cent in March 2026. Import prices also rose 0.7 per cent from April 2026.
For importers, manufacturers and sourcing teams, the acceleration points to broader cost pressure in traded inputs, Destatis said in a press release.
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
