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German import prices up 6.8% y/y in July - Finance news and analysis from Global Banking & Finance Review
Finance

German import prices up 6.8% y/y in July

Published by Global Banking & Finance Review

Posted on August 28, 2026

1 min read

· Last updated: August 28, 2026

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German Import Prices Up 6.8 Percent Year-on-Year in July 2023

Overview of German Import Price Trends

Year-on-Year Increase in July 2023

Aug 28 (Reuters) - German import prices increased by 6.8% year on year in July, the statistics office said on Friday.

Access to Detailed Economic Data

The statistics office offers more detailed economic data on its website.

Reporting and Editorial Information

(Reporting by Emanuele BerroEditing by Ludwig Burger)

Key Takeaways

  • Import prices edged up to 6.8% y/y in July, up from June’s 6.1% (destatis.de)
  • Energy and intermediate goods were key contributors to the increase (destatis.de)
  • July consumer inflation stood at 2.8% y/y, highlighting import pressures amid still‑moderate headline inflation (destatis.de)

References

Frequently Asked Questions

How much did German import prices increase in July?
German import prices increased by 6.8% year on year in July.
Which organization reported the import price data?
The German statistics office reported the import price data.
Where can more detailed economic data be found?
More detailed data is available on the German statistics office website.
Who reported on the German import price increase?
Reporting was by Emanuele Berro and editing by Ludwig Burger.

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