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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GermanyGermany Imports MoM climbed to 5.1% in March 2026
FMPMonthlyReleased May 2026
Germany Imports MoM climbed to 5.1% in March 2026, released May 2026, up 0.2% from February's 4.9% reading. The print exceeded the 0.8% consensus by 4.3%. Imports MoM has now risen for 3 consecutive months. Over the past 3 months, Imports MoM averaged -0.6%, vs 0.33% in the prior 3-month window. Imports MoM is now the highest in 19 months.
Latest Release
5.1
Actual
0.8
Consensus
4.9
Previous
Median Absolute Error
±2.09 percentage points
across last 12 releases
Last Call
Feb 2026
Predicted: 0.2
Actual: 1.4
Error: -1.2
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 | ▼ Inverse | −0.73 | FOREX | Bearish EUR | → View |
| EUR/JPY | ▼ Inverse | −0.53 | FOREX | Bearish EUR | → View |
| EUR/USD | ▼ Inverse | −0.39 | FOREX | Bearish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Imports MoM (Germany) was reported at 1.2% in June 2026. The reading fell from the previous value of 4.5%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged -0.52%, ranging from -5.9% to 4.2% across 9 releases.
WHY IT MATTERS
The trailing three releases averaged -1.1%, down from the prior three at -0.57%. Volatility over the past year (σ 2.82%) is lower than the prior year (σ 3.2%). In June readings over the past 3 years, Imports MoM has averaged 2.37%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/GBP (Bearish EUR). A secondary relationship exists with EUR/JPY, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 2.09%.
WHAT TO WATCH NEXT
The next release is scheduled for July 9, 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 June 2026.
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Imports MoM - DE
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About Imports MoM — Germany
DEFINITION
Imports MoM is a financial indicator that measures the change in the value of goods and services imported into a country on a month-over-month basis. This indicator is used by economists and investors to track the level of international trade and assess the impact of imports on a country's economy. A positive change in Imports MoM indicates an increase in the demand for foreign goods, while a negative change may suggest a decrease in consumer spending and economic activity. This data can provide valuable insights into a country's trade balance and overall economic health.
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 %. Prior reading (Mar 2026): 5.1 %. Before that (Feb 2026): 4.7 %.
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 bullish 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/GBP (Bearish EUR, r=-0.73) — a useful reference for forex-focused traders.