- German import price index rose 0.5% in January, as expected
Market news
German import price index rose 0.5% in January, as expected
As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 0.7% in January 2018 compared with the corresponding month of the preceding year. In December 2017 and in November 2017 the annual rates of change were +1.1% and +2.7%, respectively. From December 2017 to January 2018 the index rose by 0.5%.
The index of import prices, excluding crude oil and mineral oil products, decreased by 0.1% compared with the level of a year earlier.
The index of export prices increased by 0.7% in January 2018 compared with the corresponding month of the preceding year. In December 2017 and in November 2017 the annual rates of change were +1.0% and +1.2%, respectively. From December 2017 to January 2018 the export price index rose by 0.3%.
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer