Germany annual import price index, unadjusted
Germany annual import price index, unadjusted stood at 112.2 in 2025, according to Deutsche Bundesbank. It is one of the indicators in the Price indices (annual) table (Value · Annual), with a complete series running from 1962 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Price indices (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indices of foreign trade prices - imports, total | |||||||||||
| Indices of foreign trade prices - imports, total, unadjusted, Total | 112.2 | 112.5 | 113.9 | 121.8 | 100 | 89.8 | 93.8 | 94.7 | 92.3 | 89.2 |
Understanding germany annual import price index, unadjusted
Monitors the border costs of physical merchandise acquired by domestic residents from international suppliers. The calculation incorporates the cost, insurance, and freight expenses incurred up to the point the goods enter German territory, but strips out domestic import duties and subsequent internal transport fees. This contrasts directly with the parallel export series, isolating the pricing pressures flowing into the domestic economy rather than those projecting outward. It also differs fundamentally from consumer indices, as it captures wholesale cross-border transactions of raw materials, energy commodities, and intermediate inputs long before they are processed and reach retail shelves.
Aggregation into an annual format neutralizes the acute seasonal volatility often associated with agricultural imports and winter energy demand. Assessing year-on-year changes using these annual averages provides a clear view of structural import cost burdens without the noise of monthly supply shocks. As an index pegged to a 2021=100 base, values indicate relative changes in the aggregate import bill rather than absolute expenditure. Analysts utilizing this series alongside domestic producer prices should note that imported intermediate goods can pass through domestic supply chains with significant time lags. Furthermore, major shifts in global commodity markets heavily skew this aggregate measure, making it highly sensitive to international energy and raw material pricing cycles compared to broader domestic inflation metrics.
Frequently asked questions
- Does the import price index determine the consumer price index?
- While imported costs eventually influence retail prices, the pass-through is delayed and partial. Domestic labor, processing margins, and local taxes significantly dilute the final impact on consumer inflation.
- Are import tariffs reflected in these index figures?
- No, the prices are recorded excluding customs duties, import turnover taxes, and other levies. The metric isolates the international market cost of the goods themselves.
- Why are annual figures used instead of monthly data for this specific view?
- Annual averages provide a stabilized perspective on long-term purchasing power transfers to foreign trading partners. This format filters out short-term currency volatility and seasonal shipping variations.