August saw a decrease in import prices, standing 1.5% lower than in August of the previous year. This follows a -1.4% decline observed in both July and June of the same year. According to data released, import prices fell by 0.5% in August compared to the previous month, July.
Export prices, conversely, registered a 0.5% increase compared to August of the prior year. This represents a slight deceleration from the +0.6% and +0.7% increases seen in July and June respectively. Export prices decreased by 0.1% when compared to July’s figures.
The primary driver behind the overall decline in import prices was a substantial decrease in energy prices, which were 15.6% lower than in August 2024. Energy prices also fell by a significant 5.0% when compared to July. Across all energy sources – including coal, crude oil, natural gas, mineral oil products and electricity – prices were lower than in the same month last year.
Excluding energy prices, import prices remained unchanged both year-on-year and month-on-month. Excluding crude oil and mineral oil products alone, the import price index was 0.6% below the level observed in August 2024 and 0.4% lower than in July 2025.
Prices for imported intermediate goods were 1.0% lower compared to the same period last year, showing a slight decrease of 0.1% compared to July 2025. Investment goods also registered a price decrease of 0.5% year-on-year, with a slight increase of 0.1% compared to July 2025.
Imported consumer goods (both durable and non-durable goods) were 1.5% higher than in August of the previous year, remaining unchanged when compared to the previous month. Non-durable consumer goods saw a 2.0% price increase year-on-year, while durable consumer goods recorded a decrease of 1.1% compared to August 2024.
Notably, food prices witnessed significant increases, rising by 9.1% compared to August 2024, with a further increase of 0.2% compared to July. Specific items experiencing substantial price increases included orange juice, roasted or decaffeinated coffee, peeled hazelnuts, beef, poultry, confectionery and apple juice. Conversely, sugar and olive oil saw price reductions compared to the previous year.
Prices for imported agricultural goods were 5.2% higher than in August of the previous year and 1.4% higher than in July 2025. Raw coffee prices registered a considerable increase, both year-on-year and compared to the previous month.
Export figures were also impacted by price changes. Consumer and investment goods showed the most significant influence. Exported consumer goods were 1.8% higher compared to August 2024, fueled by increases in non-durable goods. The price of exported coffee, particularly decaffeinated or roasted varieties, experienced a substantial 50.1% increase year-on-year. Conversely, sugar exports saw a significant price decrease, down 29.1% compared to the same period last year.
