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- German index of import prices increased by 0.3% in November
German index of import prices increased by 0.3% in November
As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 0.3% in November 2016 compared with the corresponding month of the preceding year. This was the first increase of a yearly rate of change since November 2012 (+1.0%). In October and in September 2016 the annual rates of change were -0.6% and -1.8%, respectively. From October to November 2016 the index rose by 0.7%.
The index of import prices, excluding crude oil and mineral oil products, increased by 0.4% compared with the level of a year earlier.
The index of export prices increased by 0.3% in November 2016 compared with the corresponding month of the preceding year. In October and in September 2016 the annual rates of change were -0.1% and -0.6%, respectively. From October to November 2016 the export price index rose by 0.5%.
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