- Germany import price index down slightly in May
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Germany import price index down slightly in May
According to the report from Federal Statistical Office (Destatis), the index of import prices decreased by 0.2% in May 2019 compared to the corresponding month of the preceding year. In April 2019 and in March 2019 the annual rates of change were +1.4% and +1.7%, respectively. From April 2019 to May 2019 the index slightly fell by 0.1%.
The index of import prices, excluding crude oil and mineral oil products, decreased in May 2019 by 0.3% compared to May 2018 and in comparison with April 2019 it fell by 0.2%.
The index of export prices increased by 0.7% in May 2019 compared to the corresponding month of the preceding year. In April 2019 and in March 2019 the annual rates of change were +1.3%, each. From April 2019 to May 2019 the index slightly fell by 0.1%.
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