• German import prices growth slowed in January

Market news

28 February 2019

German import prices growth slowed in January

Federal Statistical Office (Destatis) said, the index of import prices increased by 0.8% in January 2019 compared with the corresponding month of the preceding year. In December and in November 2018 the annual rates of change were +1.6% and +3.1%, respectively. From December 2018 to January 2019 the index fell by 0.2%.

The index of import prices, excluding crude oil and mineral oil products, increased in January 2019 by 1.1% compared to January 2018 and in comparison with December 2018 it fell by 0.3%.

The index of export prices increased by 1.1% in January 2019 compared with the corresponding month of the preceding year. In December and in November 2018 the annual rates of change were +1.3% and +1.7%, respectively. From December 2018 to January 2019 the index slightly rose by 0.1%.

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