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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Import Prices MoM climbed to 0.2% in July 2026
FMPMonthlyReleased August 2026
Germany Import Prices MoM climbed to 0.2% in July 2026, released August 2026, up 0.9% from June's -0.7% reading. The reading matched the 0.2% consensus. The print is running well below the 12-month average of 0.51%. Over the past 3 months, Import Prices MoM averaged 0.0%, vs 1.7% in the prior 3-month window. The reading is in the 48th percentile of the trailing 24-month range.
Latest Release
0.2
Actual
0.2
Consensus
-0.7
Previous
Median Absolute Error
±0.06 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 0.23
Actual: 0.2
Error: +0.02
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/JPY | ▼ Inverse | −0.44 | FOREX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.40 | CRYPTO | Moves against | → View |
| EUR/GBP | ▲ Direct | +0.33 | FOREX | Moves with | → View |
| Euro STOXX 50 | ▼ Inverse | −0.31 | INDEX | Moves against | → View |
| DAX | ▼ Inverse | −0.28 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Import Prices MoM (Germany) was reported at 0.2% in August 2026. This matched the market consensus of 0.2% exactly. The reading rose from the previous value of -0.7%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 0.28%, ranging from -0.7% to 1.2% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 0.07%, down from the prior three at 0.87%. Volatility over the past year (σ 0.56%) is lower than the prior year (σ 0.78%). In August readings over the past 3 years, Import Prices MoM has averaged -0.2%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/JPY (Bearish EUR). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.06%.
WHAT TO WATCH NEXT
The next release is scheduled for September 30, 2026. Same-country events in the next 14 days include Wholesale Prices MoM (Sep 15) and Wholesale Prices YoY (Sep 15).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Import Prices MoM - DE
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About Import Prices MoM — Germany
DEFINITION
Import Prices MoM (Month-over-Month) is a financial indicator that measures the change in the prices of goods and services imported into a country on a monthly basis. It provides valuable insights into the cost of foreign goods and the impact of international trade on a country's economy. This indicator is closely monitored by economists, investors, and policymakers as it can reflect changes in inflation, exchange rates, and global economic conditions.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 0.2 %, consensus 0.2 %. Prior reading (Jun 2026): -0.7 %. Before that (May 2026): 0.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with EUR/JPY (Bearish EUR, r=-0.44) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - DE Events
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | DE | Wholesale Prices MoM | 0.2 | 0.1 | -0.60 | Medium | |
| 06:00 | DE | Wholesale Prices YoY | 5.3 | 6.2 | 5.35 | Medium | |
| 09:00 | DE | ZEW Economic Sentiment Index | 34.2 | 37 | 45.25 | High | |
| 09:00 | DE | ZEW Current Conditions | -61.1 | -52.2 | -53.70 | Low | |
| 09:00 | DE | Economic Sentiment | 34.2 | 42.7 | 50.85 | Medium | |