As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 5.5% in May 2016 compared with the corresponding month of the preceding year. In April and in March 2016 the annual rates of change were -6.6% and -5.9%, respectively. From April to May 2016 the index rose by 0.9%.

The index of import prices, excluding crude oil and mineral oil products, decreased by 3.5% compared with the level of a year earlier.

The index of export prices decreased by 1.6% in May 2016 compared with the corresponding month of the preceding year. In April and in March 2016 the annual rates of change were -2.0% and -1.6%, respectively. From April to May 2016 the index rose by 0.2%.