Import prices were 2.3% lower in December 2025 than in December 2024. This was the largest year-on-year decrease recorded since March 2024 (-3.6% on March 2023). Compared with the same month a year earlier, the rate of change was -1.9% in November 2025, and -1.4% in October 2025. The Federal Statistical Office (Destatis) also reports that import prices in December 2025 declined by 0.1% on November 2025.On average, export prices in December 2025 were unchanged (0.0%) compared with December 2024. Compared with the same month a year earlier, the rate of change in November 2025 was +0.3%, and +0.5% in October 2025. ... (full story)