Import and export prices · Germany
Germany Import Prices MoM
The Germany Import Prices MoM measures the change in the prices of goods that Germany buys from (imports) or sells to (exports) the rest of the world.
- Importance
- Medium
- Released
- Monthly
- Next release
- Currency
- EUR · euro
- Central bank
- The European Central Bank (with the Bundesbank)
Latest figures
The latest release for SEP, published on 30 October 2026, came in at 2.1%, above the consensus of 1.8%, up from 1% the time before.
Over the last 12 releases it ranged from -0.7% to 3.6%, averaging 0.8%; it has been rising for three releases in a row.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 30 Oct 2026 | SEP | 2.1% | 1.8% | 1% |
| 30 Sep 2026 | AUG | 1% | 0.7% | 0.2% |
| 28 Aug 2026 | JUL | 0.2% | 0.2% | -0.7% |
| 29 Jul 2026 | JUN | -0.7% | -0.7% | 0.7% |
| 30 Jun 2026 | MAY | 0.7% | 0.6% | 1.2% |
| 29 May 2026 | APR | 1.2% | 1.1% | 3.6% |
| 30 Apr 2026 | MAR | 3.6% | 3% | 0.3% |
| 31 Mar 2026 | FEB | 0.3% | 0.2% | 1.1% |
| 27 Feb 2026 | JAN | 1.1% | 0.6% | -0.1% |
| 30 Jan 2026 | DEC | -0.1% | -0.4% | 0.5% |
| 23 Dec 2025 | NOV | 0.5% | 0.1% | 0.2% |
| 28 Nov 2025 | OCT | 0.2% | 0% | 0.2% |
Why it matters
Import prices pass through to consumer inflation, especially when the euro has weakened. Export prices and the terms of trade (export ÷ import prices) show how much a country earns for what it sells, which matters for commodity exporters such as Australia, Canada and New Zealand.
How it is calculated
Prices of traded goods are surveyed or taken from customs data and weighted by trade shares.
Terms of trade = export price index ÷ import price index × 100What changes mean
- Rising import prices with a weak currency: more inflation ahead.
- Improving terms of trade support national income and the currency.
A short history
Terms of trade have been studied since David Ricardo's comparative advantage (1817); the Prebisch–Singer thesis (1950) argued that commodity exporters' terms of trade tend to decline.
Questions
What is the Germany Import Prices MoM?
The Germany Import Prices MoM measures the change in the prices of goods that Germany buys from (imports) or sells to (exports) the rest of the world.
What was the latest Germany Import Prices MoM?
2.1% for SEP, published on 30 October 2026 (consensus 1.8%, previous 1%).
When is the next Germany Import Prices MoM?
On Monday 30 November 2026 at 07:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.