As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 2.1% in August 2017 compared with the corresponding month of the preceding year. In July 2017 and in June 2017 the annual rates of change were +1.9% and +2.5%, respectively. From July 2017 to August 2017 the index did not change.
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 August 2017 compared with the corresponding month of the preceding year. In July 2017 and in June 2017 the annual rates of change were +1.5% and +1.8%, respectively. From July 2017 to August 2017 the export price index fell by 0.1%.