2026.03.3107:00:00UTC+00German Import Prices Remain Flat in February, Extending Deflationary Trend

Germany’s Import Price Index showed no change in February 2026, holding steady at a year-over-year decline of 2.3%, according to data updated on 31 March 2026. The reading matches January 2026’s annual drop of 2.3%, indicating that downward pressure on import prices has persisted into the new year.

The figures are based on a year-over-year comparison, measuring how February 2026 import prices compare with those of February 2025. Likewise, the previous reading reflected January 2026 prices against January 2025 levels. The unchanged rate suggests a continued environment of lower import costs for German businesses, which can help moderate input expenses and potentially ease broader inflationary pressures.

While the data do not indicate any further acceleration in import price declines, the sustained negative annual rate underscores that imported goods, on average, remain cheaper than a year earlier, a factor likely to be closely watched by policymakers and market participants assessing Germany’s inflation and trade dynamics.