German import prices down 1.1% in June

Noticias del mercado

25 julio 2017

German import prices down 1.1% in June

As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 2.5% in June 2017 compared with the corresponding month of the preceding year. In May 2017 and in April 2017 the annual rates of change were +4.1% and +6.1%, respectively. From May 2017 to June 2017 the index fell by 1.1%.

The index of import prices, excluding crude oil and mineral oil products, increased by 2.6% compared with the level of a year earlier.

The index of export prices increased by 1.8% in June 2017 compared with the corresponding month of the preceding year. In May 2017 and in April 2017 the annual rates of change were +2.2% and +2.6%, respectively. From May 2017 to June 2017 the export price index fell by 0.2%.

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