As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 1.2% in January 2021 compared with the corresponding month of the preceding year. In December and in November 2020 the annual rates of change were -3.4% and -3.8%, respectively. From December 2020 to January 2021 the index rose by 1.9%.

The index of import prices, excluding crude oil and mineral oil products, increased by 0.5% in January 2021 compared with January 2020 and in comparison with December 2020 it rose by 1.4%.

The index of export prices increased by 0.1% in January 2021 compared with the corresponding month of the preceding year. In December and in November 2020 the annual rates of change were -0.6%, each. From December 2020 to January 2021 the index rose by 0.9%.