The year-on-year studying for December was for a decline of two.3%, marking the sharpest year-on-year drop since March 2024. And total in 2025, the annual common for German import costs confirmed a lower of 0.3% in comparison with 2024.
The breakdown reveals the identical story that it has been all 12 months, that being the largest drag on the general improvement was the decline in vitality costs. That was the identical case for the month-to-month studying as effectively, with December reflecting a 4.6% drop in vitality costs in comparison with November. Should you strip that out, import costs have been really up 0.3% on the month as an alternative.
And searching over to the year-on-year estimate, it might simply be a 0.3% decline for those who exclude vitality costs from the calculations.
It is the identical as once we have a look at the annual common too. For some context, the 0.3% drop in 2025 is not as dangerous because the 1.2% drop in 2024 and 6.5% decline in 2023 earlier than that. However whenever you strip out vitality costs, the import value index was 0.7% increased on common in 2025 than within the earlier 12 months.
The general breakdown reveals that costs for capital items have been additionally under the 2024 degree in 2025 (-0.2%). In distinction, agricultural items (+4.3%), shopper items (+1.9%), and intermediate items (+0.3%) have been on common costlier than within the earlier 12 months.
