Financial News: German Import Prices Rise Most Since 2022

German Import Prices Rise Most Since 2022

10/30/2026 - 07:31:00 (RTTNews)

(RTTNews) - Germany's import prices increased at the fastest pace in nearly four years in September due to the sharp increase in prices of imported energy, data from Destatis showed Friday.

Import prices grew 10.4 percent year-on-year in September, marking the strongest rise since November 2022. This followed an increase of 8.3 percent in August.

The annual increase reflects the sharp rise in prices of imported energy and intermediate goods in the wake of Iran war, Destatis said. Energy prices surged 61.8 percent and intermediate goods prices advanced 11.1 percent. Imported capital goods prices increased 4.5 percent and imported consumer goods were 0.2 percent more expensive than in the previous year.

Excluding energy, import prices were up 5.5 percent from the last year. Month-on-month, import prices grew 2.1 percent after rising 1.0 percent in August. Prices increased for the third straight month and hit the highest in six months.

At the same time, export price inflation rose to 5.3 percent from 4.7 percent in August. The effects of the Iran war also continued to be reflected in export prices. On a monthly basis, export prices grew 0.6 percent compared to August's 0.4 percent increase.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Spain GDP Growth Slows Marginally (21 min(s), 57 sec(s) ago)
(RTTNews) - Spain's economic growth slowed marginally in the third quarter, preliminary estima ...Full Story»

Italy Economy Stagnates In Q3; Inflation Highest In Over 3 Years (30 min(s), 57 sec(s) ago)
(RTTNews) - Italy's economy showed a stagnation in the third quarter, while consumer price inf ...Full Story»

German Import Prices Rise Most Since 2022 (49 min(s), 57 sec(s) ago)
(RTTNews) - Germany's import prices increased at the fastest pace in nearly four years in Sept ...Full Story»

UK Nationwide House Price Growth Softest Since 2024 (01 hr(s), 21 min(s), 57 sec(s) ago)
(RTTNews) - UK house prices grew at the slowest pace since the start of 2024 as rising interest ra ...Full Story»

Dutch Economy Grows 0.6% In Q3 (01 hr(s), 35 min(s), 57 sec(s) ago)
(RTTNews) - The Dutch economic growth moderated slightly in the third quarter, preliminary data f ...Full Story»

Eurozone Jobless Rate Stable At 6.5% (01 hr(s), 45 min(s), 57 sec(s) ago)
(RTTNews) - The euro area unemployment rate remained unchanged in September, data published by Eur ...Full Story»

Eurozone GDP Growth Moderates Less Than Forecast (01 hr(s), 58 min(s), 57 sec(s) ago)
(RTTNews) - The euro area economy expanded at a slower pace in the third quarter but exceeded expe ...Full Story»

German Economy Expands 0.2% (03 hr(s), 02 min(s), 57 sec(s) ago)
(RTTNews) - The German economy expanded more than expected in the third quarter, flash data from D ...Full Story»