Germany's import prices rise 8.3% in August 2026

Germany’s import prices rose 8.3 per cent year on year in August 2026, the steepest increase since December 2022, while export prices climbed 4.7 per cent, Destatis reported.Energy and intermediate goods drove import inflation, reflecting the Middle East war’s impact.Monthly import and export prices increased 1.0 and 0.4 per cent, respectively. Imported consumer goods became cheaper year on year.