Financial News: German Import Price Inflation Accelerates

German Import Price Inflation Accelerates

08/28/2026 - 05:02:00 (RTTNews)

(RTTNews) - Germany's import price inflation accelerated in July as prices of intermediate goods and energy increased sharply amid tensions in the Middle East, data from Destatis showed Friday.

Import prices increased at a faster pace of 6.8 percent on a yearly basis, following May's 6.1 percent rise.

Import prices rose 0.2 percent from a month ago, in contrast to the 0.7 percent fall in June. Prices were forecast to grow 0.3 percent.

Data showed that intermediate goods prices surged 10.2 percent and energy prices climbed 26.4 percent. Meanwhile, prices of imported agricultural products dropped 2.1 percent and that of consumer goods slid 0.2 percent.

Export prices were 4.2 percent higher than in the previous year, marking the strongest increase since February 2023. This followed a 3.5 percent rise in June and 3.4 percent increase in May. Month-on-month, export prices gained 0.4 percent in July.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Bank Of England Holds Rate Steady At 3.75% (01 hr(s), 06 min(s), 03 sec(s) ago)
(RTTNews) - The Bank of England left its key interest rate unchanged on Thursday amid limited evid ...Full Story»

Philly Fed Index Pulls Back Much Less Than Expected In September (01 hr(s), 13 min(s), 03 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of Philadelphia released a report on Thursday showing a small ...Full Story»

U.S. Housing Starts Unexpectedly See Further Downside In August (01 hr(s), 18 min(s), 03 sec(s) ago)
(RTTNews) - New residential construction in the U.S. unexpectedly saw further downside in the mont ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Decrease (01 hr(s), 24 min(s), 03 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed an unexpected decline in ...Full Story»

Poland Consumers Less Pessimistic In September (02 hr(s), 06 min(s), 03 sec(s) ago)
(RTTNews) - Poland's households became slightly less negative in September as the general econ ...Full Story»

Bank Of England Holds Key Rate As Expected (02 hr(s), 13 min(s), 03 sec(s) ago)
(RTTNews) - The Bank of England left its interest rate unchanged on Thursday despite rising inflat ...Full Story»

Hong Kong Jobless Rate Rises To 3.8% (03 hr(s), 51 min(s), 03 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate increased in the June-August period, labor force sta ...Full Story»

Eurozone Inflation Revised Down To 3.2% (04 hr(s), 09 min(s), 03 sec(s) ago)
(RTTNews) - Eurozone inflation accelerated less than estimated in August, final data from Eurostat ...Full Story»