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Germany Import Prices Month-over-Month (MoM)

Price

0.7 %
Change +/-
+0.3 %
Percentage Change
+54.55 %

The current value of the Import Prices Month-over-Month (MoM) in Germany is 0.7 %. The Import Prices Month-over-Month (MoM) in Germany increased to 0.7 % on 4/1/2024, after it was 0.4 % on 3/1/2024. From 2/1/1962 to 8/1/2024, the average GDP in Germany was 0.15 %. The all-time high was reached on 1/1/1974 with 11.8 %, while the lowest value was recorded on 12/1/2008 with -3.7 %.

Source: Federal Statistical Office

Import Prices Month-over-Month (MoM)

  • 3 years

  • 5 years

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  • 25 Years

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Import Prices MoM

Import Prices Month-over-Month (MoM) History

DateValue
4/1/20240.7 %
3/1/20240.4 %
10/1/20230.1 %
9/1/20231.2 %
8/1/20230.4 %
8/1/20222.8 %
7/1/20221.8 %
6/1/20220.2 %
5/1/20221.1 %
4/1/20221.3 %
1
2
3
4
5
...
39

Similar Macro Indicators to Import Prices Month-over-Month (MoM)

NameCurrentPreviousFrequency
🇩🇪
Consumer Price Index (CPI)
119.3 points119.2 pointsMonthly
🇩🇪
Consumer Price Index Baden-Württemberg YoY
2.1 %1.9 %Monthly
🇩🇪
Consumer Price Index Bavaria YoY
1.9 %2.1 %Monthly
🇩🇪
Consumer Price Index Brandenburg YoY
1.8 %1.4 %Monthly
🇩🇪
Consumer Price Index for Housing and Utilities
116.3 points116.2 pointsMonthly
🇩🇪
Consumer Price Index Hesse YoY
1.8 %1.2 %Monthly
🇩🇪
Consumer Price Index North Rhine-Westphalia YoY
1.5 %1.7 %Monthly
🇩🇪
Core Consumer Prices
116.3 points115.9 pointsMonthly
🇩🇪
Core Inflation Rate
2.9 %2.7 %Monthly
🇩🇪
CPI Transport
124.9 points123.7 pointsMonthly
🇩🇪
Energy Inflation
-5.5 %-7.6 %Monthly
🇩🇪
Export Prices
114.6 points114.7 pointsMonthly
🇩🇪
Food Inflation
2.08 %1.84 %Monthly
🇩🇪
Harmonized Consumer Prices
130.2 points129.7 pointsMonthly
🇩🇪
Harmonized Inflation Rate MoM
-0.1 %-0.2 %Monthly
🇩🇪
Harmonized Inflation Rate YoY
1.8 %2 %Monthly
🇩🇪
Import Prices
111.8 points112.2 pointsMonthly
🇩🇪
Import Prices YoY
0.2 %0.9 %Monthly
🇩🇪
Inflation Rate
1.6 %1.9 %Monthly
🇩🇪
Inflation Rate MoM
0 %-0.1 %Monthly
🇩🇪
Producer Price Change
-1.6 %-2.2 %Monthly
🇩🇪
Producer Price Inflation MoM
0.2 %0 %Monthly
🇩🇪
Producer prices
127.7 points127.5 pointsMonthly
🇩🇪
Rental inflation
2.1 %2.2 %Monthly
🇩🇪
Saxony CPI YoY
2.4 %2.6 %Monthly
🇩🇪
Service Inflation
4 %3.8 %Monthly
🇩🇪
Wholesale prices
116.1 points117 pointsMonthly
🇩🇪
Wholesale Prices MoM
-0.8 %0.3 %Monthly
🇩🇪
Wholesale Prices YoY
-1.1 %-0.1 %Monthly

In Germany, Import Prices reflect the rate of change in the prices of goods and services purchased by residents from foreign suppliers. These prices are significantly influenced by exchange rates.

What is Import Prices Month-over-Month (MoM)?

Import Prices Month-over-Month (MoM) is a crucial economic indicator that plays a significant role in the macroeconomic landscape. For professionals, analysts, and economists, understanding the fluctuations in import prices is vital for making informed decisions that can influence a range of marketplace activities. Eulerpool, a premier platform for displaying macroeconomic data, recognizes the importance of this indicator and presents it in an accessible and accurate manner, ensuring that our users can rely on comprehensive and precise information. Import prices refer to the prices of goods and services purchased by a country from foreign markets. Tracking the month-over-month changes in these prices provides insights into the short-term trends and economic dynamics affecting global trade and national economies. These fluctuations can result from various factors, including changes in foreign exchange rates, shifts in supply and demand, international trade policies, transportation costs, and the global economic environment. A rising trend in import prices MoM suggests that the cost of acquiring goods and services from abroad is increasing. This scenario can have significant implications for domestic inflation, as higher import costs often lead to higher prices for consumer goods and services. Businesses that rely on imported materials may see their production costs go up, potentially leading to reduced profit margins or increased prices for end consumers. For economists and financial analysts, this upward trend can signal potential inflationary pressures within the economy, prompting closer scrutiny of monetary policy and inflation control measures. Conversely, a declining trend in import prices MoM indicates that the costs associated with imported goods and services are decreasing. This can be beneficial for businesses and consumers, as lower import prices can lead to reduced costs and, subsequently, lower prices for consumer goods. Such a trend may result from favorable exchange rates, declining global commodity prices, or reduced international transportation costs. For policymakers, a decrease in import prices can relieve inflationary pressures, potentially allowing for more accommodative monetary policies to spur economic growth. Understanding the determinants of import prices is critical for interpreting MoM data. Foreign exchange rates are one of the primary factors influencing import prices. When a country’s currency depreciates relative to other currencies, its import prices tend to rise because more of the domestic currency is required to purchase the same quantity of foreign goods. Conversely, when the domestic currency appreciates, import prices generally fall. Analyzing exchange rate movements alongside import prices MoM data is therefore essential for a comprehensive understanding of the economic situation. Global commodity prices also significantly impact import prices. Many import goods, such as oil, metals, and agricultural products, have prices that are determined on global markets. Fluctuations in these prices can rapidly translate into changes in import prices. For instance, a surge in global oil prices would likely raise fuel import costs, affecting transport and production costs across various sectors. Monitoring commodity price trends can thus provide valuable context for assessing changes in import prices. Trade policies and tariffs are additional factors that can influence import prices. Changes in tariffs or trade agreements can alter the cost structure of imported goods. For example, the imposition of higher tariffs on imports from a particular country would raise the import prices for those goods, potentially leading to higher consumer prices and affecting trade balances. Trade policy shifts can result from political and economic negotiations, making it important for analysts to stay informed on international trade relations and agreements. Transportation costs and logistic efficiencies also play a crucial role in determining import prices. Changes in shipping costs, port fees, and logistical efficiency can significantly impact the final import prices. For instance, disruptions in global supply chains, such as those caused by natural disasters or geopolitical tensions, can lead to increases in transportation costs, thereby driving up import prices. Tracking developments in global logistics and infrastructure can be essential for predicting and understanding changes in import prices. The global economic environment is another overarching factor that influences import prices. Economic conditions, such as global demand and supply dynamics, economic growth rates, and international market conditions, can all affect the prices of imported goods. During periods of global economic growth, increased demand can drive up prices for many goods, while periods of economic downturn can lead to decreased demand and lower prices. Staying updated on global economic trends and forecasts can thus provide valuable insights into the likely movements of import prices. For businesses, understanding import prices MoM is essential for strategic planning and risk management. Companies that rely heavily on imported materials must continuously monitor import price trends to manage costs effectively. Sudden increases in import prices can necessitate adjustments in pricing strategies, cost-cutting measures, or sourcing from alternative suppliers. Conversely, decreases in import prices can provide opportunities for cost savings and increased competitiveness. Effective management of import costs can enhance a company’s profitability and resilience in a dynamic economic environment. For policymakers, import prices MoM data is a critical tool for macroeconomic policy formulation. Central banks and government agencies use this data to assess inflationary pressures and make informed decisions regarding monetary and fiscal policies. Rising import prices can signal the need for tighter monetary policy to curb inflation, while falling import prices may allow for more accommodative policies to stimulate economic growth. Informed policy decisions based on accurate and timely import price data can contribute to overall economic stability and growth. For investors and financial markets, import prices MoM serve as a key indicator of economic health and potential market movements. Fluctuations in import prices can affect corporate earnings, commodity prices, and currency exchange rates, influencing investment decisions and market strategies. Investors who closely monitor import price trends can better anticipate market reactions and align their investment portfolios with economic conditions. In summary, Import Prices Month-over-Month is a vital economic indicator that holds significant implications for businesses, policymakers, and investors. Understanding the factors driving import price changes and interpreting their impacts on the economy is essential for informed decision-making in today's interconnected global marketplace. Eulerpool is committed to providing accurate, comprehensive, and up-to-date macroeconomic data, ensuring that our users can navigate the complexities of import prices MoM with confidence and precision.