Germany’s Import Price Index edged down by 0.1% month-over-month in December 2025, reversing the 0.5% increase recorded in November 2025. The latest data, updated on 30 January 2026, signal a slight easing in import cost pressures at the end of the year.
On a month-over-month basis, the December reading compares the change in prices to November, while November’s 0.5% rise was measured against October. The shift from positive to marginally negative territory suggests that import prices, which had been gaining some momentum, lost traction in the final month of 2025, potentially offering a mild disinflationary impulse for the German economy going into 2026.