FX.co ★ Germany’s Import Prices Jump 3.6% in March, Marking Sharp Acceleration in Cost Pressures

Germany’s import prices rose sharply in March 2026, with the Import Price Index increasing 3.6% month-over-month, according to data updated on 30 April 2026. This marks a significant acceleration compared with February 2026, when import prices were up just 0.3% from the previous month.

The month-over-month comparison shows that March’s increase reflects a much stronger rise in imported cost pressures than seen earlier in the year. While February’s reading indicated relatively modest growth in import prices versus January, the March data suggest that external price pressures have intensified noticeably as the first quarter drew to a close.

The latest figures will likely draw attention from businesses and policymakers monitoring imported inflation, as higher import costs can feed through to producer and consumer prices in the coming months. The jump from 0.3% to 3.6% underscores the volatility of input costs facing Europe’s largest economy.