Germany’s import prices decreased by 1.4 percent in June 2025 compared to the same month in the previous year, according to data released by the Federal Statistical Office (Destatis). Notably, import prices remained unchanged when compared to May 2025. The rate of decline in import prices has been progressively slowing, having been -1.1 percent in May and -0.4 percent in April.
Export prices, conversely, rose by 0.7 percent in June 2025 compared to June 2024. May and April witnessed year-on-year increases of 1.0 percent. Export prices saw a slight decline of 0.1 percent compared to May 2025.
The most significant factor contributing to the overall movement of import prices in June 2025 was a continued decrease in energy prices, down 13.6 percent compared to June 2024. However, energy prices increased by 3.4 percent compared to May 2025.
Prices for specific energy products were notably lower than in June 2024, including electric power (-24.7 percent), crude oil (-20.6 percent), hard coal (-18.1 percent) and mineral oil products (-14.4 percent). Natural gas prices also decreased (-4.1 percent). Conversely, crude oil, mineral oil products, natural gas and hard coal all saw price increases compared to May 2025, rising by 5.4 percent, 4.2 percent, 2.4 percent and 1.8 percent respectively.
Excluding energy, import prices were 0.1 percent higher in June 2025 compared to June 2024, but 0.4 percent lower than in May 2025. When excluding both crude oil and mineral oil products, the import price index was 0.4 percent below the level of June 2024 and 0.3 percent lower than in May 2025.
Prices for intermediate goods were 1.2 percent lower than in June 2024 (-0.3 percent compared to May 2025), while prices for investment goods decreased by 0.5 percent (-0.2 percent compared to May 2025).
Price increases were observed in both consumer goods and agricultural goods. Imported consumer goods (both durable and non-durable goods) were 2.1 percent higher than in June 2024, but 0.4 percent lower than in May 2025. Non-durable consumer goods were 2.8 percent more expensive, while durable goods decreased by 0.6 percent.
Significant price increases were noted for several agricultural goods, particularly food (+9.9 percent compared to June 2024), with coffee (roasted or decaffeinated), beef, confectionery, orange juice, poultry, apple juice and milk and dairy products experiencing particularly sharp increases.
Agricultural goods overall were 1.7 percent more expensive than in June 2024, despite a decrease of 0.9 percent compared to May 2025.
On the export side, price increases in consumer and investment goods had the most significant impact. Exported consumer goods were 1.7 percent more expensive compared to June 2024, with coffee seeing a substantial increase of 47.5 percent. Investment goods increased by 1.1 percent year-on-year. Energy exports, however, decreased by 7.1 percent.
Prices for agricultural goods saw a decrease of 2.4 percent compared to June 2024, accompanied by a further decline of 1.7 percent compared to May 2025.
