As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 3.2% in May 2018 compared with the corresponding month of the preceding year. In April and in March 2018 the annual rates of change were +0.6% and -0.1%, respectively. From April 2018 to May 2018 the index increased by 1.6%.
The index of import prices, excluding crude oil and mineral oil products, increased by 0.7% compared with the level of a year earlier.
The index of export prices increased by 1.3% in May 2018 compared with the corresponding month of the preceding year. In April and in March 2018 the annual rates of change were +0.7%, each. From April 2018 to May 2018 the export price index rose by 0.5%.