As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 0.6% in October 2016 compared with the corresponding month of the preceding year. In September and in August 2016 the annual rates of change were -1.8% and -2.6%, respectively. From September to October 2016 the index rose by 0.9%.

The index of import prices, excluding crude oil and mineral oil products, decreased by 0.7% compared with the level of a year earlier.

The index of export prices decreased by 0.1% in October 2016 compared with the corresponding month of the preceding year. In September and in August 2016 the annual rates of change were -0.6% and -0.9%, respectively. From September to October 2016 the export price index rose by 0.3%