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- German import price index down 1.0% in November
German import price index down 1.0% in November
As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 3.1% in November 2018 compared with the corresponding month of the preceding year. In October and in September 2018 the annual rates of change were +4.8% and +4.4%, respectively. From October 2018 to November 2018 the index fell by 1.0%.
The index of import prices, excluding crude oil and mineral oil products, increased by 2.3% compared with the level of a year earlier.
The index of export prices increased by 1.7% in November 2018 compared with the corresponding month of the preceding year. In October and in September 2018 the annual rates of change were +2.0% and +1.9%, respectively. From October 2018 to November 2018 the export price index slightly fell by 0.1%.
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