# Germany Changes in inventories

Germany Changes in inventories was up 1.5% year on year in Q2 2026, compared with 34.9% in Q1 2026.
The level stood at 15,875 Current prices, million euro.
That is the lowest reading since Q2 2024.
Over the past ten years it has ranged from −114.7% (Q3 2019) to 2,258.1% (Q4 2017), averaging 171.8%.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `DE.INVENTORIES.Q.NOM`
- Frequency: quarterly
- Units: Current prices, million euro
- Coverage: 1991-01-01 to 2026-04-01 (142 observations)
- Page: https://makrognosis.robomacro.com/data/germany/changes-in-inventories

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 15,875 Current prices, million euro | 1.5 |
| Q1 2026 | 11,736 Current prices, million euro | 34.9 |
| Q4 2025 | 11,871 Current prices, million euro | 48.2 |
| Q3 2025 | 15,407 Current prices, million euro | 128.8 |
| Q2 2025 | 15,635 Current prices, million euro | 837.4 |
| Q1 2025 | 8,703.0 Current prices, million euro | 445.0 |
| Q4 2024 | 8,012.0 Current prices, million euro | 104.5 |
| Q3 2024 | 6,734.0 Current prices, million euro | 3.8 |
| Q2 2024 | 1,668.0 Current prices, million euro | −80.8 |
| Q1 2024 | 1,597.0 Current prices, million euro | −83.9 |
| Q4 2023 | 3,918.0 Current prices, million euro | −74.1 |
| Q3 2023 | 6,486.0 Current prices, million euro | −66.3 |
| Q2 2023 | 8,672.0 Current prices, million euro | −49.0 |
| Q1 2023 | 9,937.0 Current prices, million euro | 20.3 |
| Q4 2022 | 15,135 Current prices, million euro | −9.7 |
| Q3 2022 | 19,266 Current prices, million euro | 68.0 |
| Q2 2022 | 16,999 Current prices, million euro | 70.4 |
| Q1 2022 | 8,257.0 Current prices, million euro | −48.4 |
| Q4 2021 | 16,765 Current prices, million euro | 815.1 |
| Q3 2021 | 11,467 Current prices, million euro | — |
| Q2 2021 | 9,977.0 Current prices, million euro | 134.0 |
| Q1 2021 | 15,990 Current prices, million euro | 23.1 |
| Q4 2020 | 1,832.0 Current prices, million euro | 16.3 |
| Q3 2020 | −5,893.0 Current prices, million euro | — |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/DE.INVENTORIES.Q.NOM"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/DE.INVENTORIES.Q.NOM",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```