German import prices decreased by 1.4 percent in June 2025 compared to the same month the previous year, according to data released by the Federal Statistical Office (Destatis). Notably, import prices remained unchanged when compared to May 2025.
Export prices, conversely, rose by 0.7 percent in June 2025 compared to June 2024. Prices edged down slightly, by 0.1 percent, when compared to May 2025.
The most significant factor influencing overall import prices in June 2025 continued to be the decline in energy prices, which fell by 13.6 percent compared to June 2024. However, energy prices increased by an average of 3.4 percent compared to May 2025.
Specifically, prices for electricity, crude oil, hard coal and mineral oil products were notably lower in June 2025 compared to the previous year. Similarly, prices for natural gas also decreased year-on-year. However, prices for crude oil, mineral oil products, natural gas and hard coal all rose compared to May 2025.
Excluding energy prices, import prices were 0.1 percent higher in June 2025 compared to June 2024. Excluding crude oil and mineral oil products, the import price index was 0.4 percent below the level of June 2024 and 0.3 percent below that of May 2025.
Prices for intermediate goods were 1.2 percent lower than those of the previous year, while prices for investment goods were 0.5 percent lower.
Consumer and agricultural goods continued to experience price increases. Imported consumer goods were 2.1 percent higher than the previous year, but 0.4 percent lower than in May 2025. Imported consumer goods saw a price increase of 2.8 percent year-on-year, while imported durable goods decreased by 0.6 percent.
Food products showed a significant increase, with prices rising by 9.9 percent compared to June 2024, although prices decreased by 0.3 percent compared to May 2025. Specific products like roasted or decaffeinated coffee, beef, confectionery, orange juice, poultry, apple juice and dairy products all experienced substantial price increases year-on-year.
Imported agricultural goods were also priced higher than in June 2024, primarily driven by a large increase in raw coffee prices. However, raw coffee prices decreased compared to May 2025. Similarly, prices for onions and poultry and eggs were higher than last year and compared to May 2025.
In contrast, products like potatoes, live pigs and raw cocoa were cheaper than in June 2024.
Regarding exports, price increases in consumer and investment goods had the greatest impact. Exported consumer goods were 1.7 percent more expensive than in June 2024 and roasted or decaffeinated coffee saw a particularly large increase. Investment goods rose by 1.1 percent year-on-year. Energy exports, however, were considerably lower than in the previous year, despite an increase in prices compared to May 2025. Agricultural goods saw a decrease in export prices compared to both June 2024 and May 2025.