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Germany price competitiveness indicators

Germany price competitiveness indicators against various trading partners, from the Deutsche Bundesbank.

Source: Deutsche BundesbankLast updated: Curated by Bui Thanh Phuc

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IndicatorQ2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024Q2-2024Q1-2024Q4-2023Q3-2023Q2-2023
Euro area countries93.393.693.593.393.192.992.592.492.492.492.592.192.1
28 selected industrial countries95.795.895.995.894.893.593.594949494.293.893.8
28 selected industrial countries excluding the euro area countries99.39999.599.697.49494.796.496.396.296.596.296.3
37 trading partners89.590.190.490.489.587.687.58887.987.98887.987.2

Latest reading

The series on this page is quarterly and runs from Q1 1996 to Q2 2026. Source: Deutsche Bundesbank.

About this data

Germany price competitiveness indicators against various trading partners, from the Deutsche Bundesbank. Available quarterly since 1961, the data compares the German economy to euro area countries and selected industrial countries. The series covers groups of 28 and 37 trading partners as an index. A rising index means a loss of competitiveness based on consumer prices or deflators.

Frequently asked questions

What is the latest figure for Germany price competitiveness indicators?
37 trading partners stood at 89.5 in Q2 2026. That is −0.7% from Q1 2026 and unchanged from a year earlier.
How far back does the Germany price competitiveness indicators data go?
The series on this page is quarterly and runs from Q1 1996 to Q2 2026. Source: Deutsche Bundesbank. Every series in the table can be charted over its full history and downloaded as CSV or Excel.
What are the Germany price competitiveness indicators?
The Germany price competitiveness indicators measure the relative price or cost position of the German economy compared to its trading partners. A rise in the index means a loss of competitiveness based on consumer prices or deflators.
Which trading partners are included in the German competitiveness index?
The data measures Germany's price competitiveness against euro area countries and 28 selected industrial countries. It also provides broader comparisons against 37 trading partners.
How is the Germany price competitiveness index read?
The indicators are presented as an index, where a rising value indicates that German products have become relatively more expensive, meaning a loss of price competitiveness. It accounts for price differences both globally and inside the euro area.