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Import prices in August 2019: -2.7% on August 2018
The index of import prices decreased by 2.7% in August 2019 compared to the corresponding month of the preceding year. As reported by the Federal Statistical Office (Destatis), in July 2019 and in June 2019 the annual rates of change were -2.1% and -2.0%, respectively. From July 2019 to August 2019 the index fell by 0.6%. The index of import prices, excluding crude oil and mineral oil products, decreased in August 2019 by 1.9% compared to August 2018 and in comparison with July 2019 it fell by 0.2%. The index of export prices decreased by 0.1% in August 2019 compared to the corresponding month of the preceding year. ... (full story)