May German import prices 1.1% lower YoY, export prices 1% higher YoY

It dropped by 0.4 per cent YoY in April and rose by 2.1 per cent YoY in March this year.

Export prices in May 2025 were 1 per cent higher YoY and were unchanged MoM. It rose by 1 per cent YoY in April and by 2 per cent YoY in March 2025.

The 14.6-per cent YoY decrease in energy prices had the biggest impact on the overall development of import prices in May. Energy prices here were down by 4.4 per cent MoM.

When energy prices are excluded, import prices in May were 0.4 per cent higher YoY. By contrast, they were 0.3 per cent lower MoM.

The import prices of intermediate goods were 1 per cent lower YoY, while the import prices of capital goods were down by 0.3 per cent YoY.

In May this year, the prices of imported consumer goods (durable and non-durable) were 2.7 per cent higher YoY, but were unchanged MoM. The prices of imported durable consumer goods were unchanged YoY in May.

In the case of exports, the increase in the prices of consumer and capital goods had the biggest influence on the development of prices in May this year.

Exported consumer goods were 2.3 per cent more expensive YoY. The export prices of durable consumer goods were up by 1.6 per cent YoY.

The prices of exported capital goods rose by 1.1 per cent YoY, a Destatis release said.

Intermediate goods were 0.2 per cent more expensive than in May 2024 and 0.2 per cent less expensive than in the previous month.

Energy exports in May this year, by contrast, cost less compared with the previous year and the previous month.

ALCHEMPro News Desk (DS)