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- The German index of import prices increased by 4.8% in August
The German index of import prices increased by 4.8% in August
As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 4.8% in August 2018 compared with the corresponding month of the preceding year. In July and in June 2018 the annual rates of change were +4.8% and +4.4%, respectively. From July 2018 to August 2018 the index did not change.
The index of import prices, excluding crude oil and mineral oil products, increased by 2.5% compared with the level of a year earlier.
The index of export prices increased by 2.1% in August 2018 compared with the corresponding month of the preceding year. In July and in June 2018 the annual rates of change were +1.7% and +1.5%, respectively. From July 2018 to August 2018 the export price index increased by 0.2%.
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