Press release No. 382 of 27 September 2019

Import prices, August 2019
-0.6% on the previous month
-2.7% on the same month a year earlier

Export prices, August 2019
-0.1% % on the previous month
-0.1% on the same month a year earlier

WIESBADEN – 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. In July 2019 and in June 2019 the annual rates of change were +0.2%, each. From July 2019 to August 2019 the index slightly fell by 0.1%.

More detailed data and long time series are available in tables Index of import prices (61411-0006) and Index of export prices (61421-0006) in the GENESIS-Online database.