Deutschland Importpreise

Import prices in Germany increased by 23.5% year-on-year in October of 2022, slowing from 29.8% in September and compared to market forecasts of 23.3%. Cost of imported energy surged by 84.1%, mainly natural gas (151.4%), coal (55%) and crude oil (32.6%). Excluding petroleum and petroleum products, prices of imports rose by 21.8%, namely fertilizers & nitrogen (83.2%), paper & cardboard (41.2%) and aluminum & semi-finished products (23.5%). Prices of imported consumer goods increased 14.2%, mainly due to food (25.3%) and capital imported goods were 7.9% more expensive than a year earlier, largely machines (8.8%) and motor vehicles (7.8%). On a monthly basis, import prices fell 1.2%, compared with market forecasts of a 1.7% decline.