• German import price index flat in August

Market news

26 September 2017

German import price index flat in August

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%.

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