According to the report from Federal Statistical Office (Destatis), the index of import prices decreased by 2.0% in June 2019 compared to the corresponding month of the preceding year. Economists had expected a 1.5% decrease. In May 2019 and in April 2019 the annual rates of change were -0.2% and +1.4%, respectively. From May 2019 to June 2019 the index fell by 1.4%. Economists had expected a 0.8% decrease. 

The index of import prices, excluding crude oil and mineral oil products, decreased in June 2019 by 1.5% compared to June 2018 and in comparison with May 2019 it fell by 0.7%.

The index of export prices increased by 0.2% in June 2019 compared to the corresponding month of the preceding year. In May 2019 and in April 2019 the annual rates of change were +0.7% and +1.3%, respectively. From May 2019 to June 2019 the index fell by 0.2%.