• German import price index rose more than expected in June

Market news

27 July 2018

German import price index rose more than expected in June

As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 4.8% in June 2018 compared with the corresponding month of the preceding year. In May and in April 2018 the annual rates of change were +3.2% and +0.6%, respectively. From May 2018 to June 2018 the index increased by 0.5%.

The index of import prices, excluding crude oil and mineral oil products, increased by 1.9% compared with the level of a year earlier.

The index of export prices increased by 1.8% in June 2018 compared with the corresponding month of the preceding year. In May and in April 2018 the annual rates of change were +1.3% and +0.7%, respectively. From May 2018 to June 2018 the export price index rose by 0.3%.

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