As reported by the Federal Statistical Office (Destatis), the index of import prices fell by 1.9% in July 2017 compared with the corresponding month of the preceding year. In June 2017 and in May 2017 the annual rates of change were +2.5% and +4.1%, respectively. From June 2017 to July 2017 the index fell by 0.4%.

The index of import prices, excluding crude oil and mineral oil products, increased by 1.7% compared with the level of a year earlier.

The index of export prices increased by 1.5% in July 2017 compared with the corresponding month of the preceding year. In June 2017 and in May 2017 the annual rates of change were +1.8% and +2.2%, respectively. From June 2017 to July 2017 the export price index fell by 0.1%.