As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 3.9% in October 2020 compared with the corresponding month of the preceding year. In September 2020 and in August 2020 the annual rates of change were -4.3% and -4.0%, respectively. From September 2020 to October 2020 the index rose by 0.3%.

The index of import prices, excluding crude oil and mineral oil products, decreased in October 2020 by 1.3% compared with October 2019.

The index of export prices decreased by 1.0% in October 2020 compared with the corresponding month of the preceding year. In September 2020 and in August 2020 the annual rates of change were -1.1%, each. From September 2020 to October 2020 the index slightly rose by 0.1%.