As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 5.0% in July 2018 compared with the corresponding month of the preceding year. In June and in May 2018 the annual rates of change were +4.8% and +3.2%, respectively. From June 2018 to July 2018 the index decreased by 0.2%.

The index of import prices, excluding crude oil and mineral oil products, increased by 2.1% compared with the level of a year earlier.

The index of export prices increased by 1.9% in July 2018 compared with the corresponding month of the preceding year. In June and in May 2018 the annual rates of change were +1.8% and +1.3%, respectively. From June 2018 to July 2018 the export price index remained unchanged.