• German import price index down 1% in May

Market news

28 June 2017

German import price index down 1% in May

As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 4.1% in May 2017 compared with the corresponding month of the preceding year. In April 2017 and in March 2017 the annual rates of change were +6.1%, each. From April 2017 to May 2017 the index fell by 1.0%.

The index of import prices, excluding crude oil and mineral oil products, increased by 3.6% compared with the level of a year earlier.

The index of export prices increased by 2.2% in May 2017 compared with the corresponding month of the preceding year. In April 2017 and in March 2017 the annual rates of change were +2.6% and +2.3%, respectively. From April 2017 to May 2017 the export price index fell by 0.2%

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