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Press release 337 / 2017-09-26: Import prices in August 2017: +2.1% on August 2016

Index of import prices

As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 2.1% in August 2017 compared with the corresponding month of the preceding year. In July 2017 and in June 2017 the annual rates of change were +1.9% and +2.5%, respectively. From July 2017 to August 2017 the index did not change.

More : Import prices in August 2017: +2.1% on August 2016 …

IN FOCUS / 2017-09-20

Employment of older people is steadily increasing

One of the topics discussed in the run-up to the Bundestag election is the extension of working lives until the age of 70. The question is in how far the rising life expectancy is a burden on the social security systems and will make it necessary to raise the retirement age.

In recent years, the employment of older people has increased continuously. While roughly 30% of the 60 to 64-year-olds were in employment in 2006, that proportion had risen to half of the age group (56%) by 2016. Among the 65 to 69-year-olds, that is, among people beyond statutory retirement age, 15% were still working in 2016, up from 7% in 2006.

Differences in employment are also observed for older-aged men and women. While 61% of the men aged 60 to 64 were employed in 2016, the figure for women was just 51%. Among the 65 to 69-year-olds, 19% of the men were still working compared to just 12% of the women.

Key figures

Population30.06.201682.3 mn
Persons in employment2nd Quarter 201744.2 mn
Economic growth (GDP)2nd Quarter 20170.6%
Inflation rateAugust 20171.8%
Share in gross domestic product
Net lending20160.8%
Public debt201668.3%

Europe in figures

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Europe in figures features the wide range of data offered by the European statistical office (Eurostat) and enables comparisons between the EU Member States.

2017 Bundestag election

Logo: The Federal Returning Officer

The election to the 19th German Bundestag was held on 24 September 2017. Information on the election is provided on the website of the Federal Returning Officer.

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