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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Import Prices MoM fell to 1.2% in April 2026
FMPMonthlyReleased May 2026
Germany Import Prices MoM fell to 1.2% in April 2026, released May 2026, down 2.4% from March's 3.6% reading. The print exceeded the 1.1% consensus by 0.1%. The print is running well above the 12-month average of 0.21%. Over the past 3 months, Import Prices MoM averaged 1.95%, vs 0.5% in the prior 3-month window. The reading is in the 94th percentile of the trailing 24-month range.
Latest Release
1.2
Actual
1.1
Consensus
3.6
Previous
Median Absolute Error
±0.28 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 1.15
Actual: 1.2
Error: -0.05
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/GBP | ▲ Direct | +0.48 | FOREX | Bullish EUR | → View |
| Euro STOXX 50 | ▼ Inverse | −0.43 | INDEX | Bearish Euro STOXX 50 | → View |
| DAX | ▼ Inverse | −0.38 | INDEX | Bearish DAX | → View |
| S&P 500 | ▼ Inverse | −0.28 | INDEX | Bearish S&P 500 | → View |
| BTC/USD | ▼ Inverse | −0.28 | CRYPTO | Bearish BTC | → 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 1.2% in May 2026. This beat the market consensus of 1.1% by 0.1%. The reading fell from the previous value of 3.6%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 0.16%, ranging from -0.7% to 1.2% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 0.87%, up from the prior three at 0.2%. Volatility over the past year (σ 0.58%) is lower than the prior year (σ 0.77%). In May readings over the past 3 years, Import Prices MoM has averaged 0.07%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/GBP (Bullish EUR). A secondary relationship exists with Euro STOXX 50, negatively correlated (Bearish Euro STOXX 50). Over the last 12 releases, the Sigmacast model's median absolute error is 0.28%.
WHAT TO WATCH NEXT
The next release is scheduled for June 30, 2026. Same-country events in the next 14 days include Wholesale Prices MoM (Jun 15) and Wholesale Prices YoY (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update May 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 (Apr 2026): actual 1.2 %, consensus 1.1 %. Prior reading (Mar 2026): 3.6 %. Before that (Feb 2026): 0.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/GBP (Bullish EUR, r=0.48) — a useful reference for forex-focused traders.