Press Import prices in July 2019: -2.1% on July 2018

Press release No. 326 of 28 August 2019

Import prices, July 2019
-0.2% on the previous month
-2.1% on the same month a year earlier

Export prices, July 2019
+0.1% % on the previous month
+0.2% on the same month a year earlier

WIESBADEN – The index of import prices decreased by 2.1% in July 2019 compared to the corresponding month of the preceding year. As reported by the Federal Statistical Office (Destatis), in June 2019 and in May 2019 the annual rates of change were -2.0% and -0.2%, respectively. From June 2019 to July 2019 the index fell by 0.2%.

The index of import prices, excluding crude oil and mineral oil products, decreased in July 2019 by 1.7% compared to July 2018 and in comparison with June 2019 it fell by 0.3%.

The index of export prices increased by 0.2% in July 2019 compared to the corresponding month of the preceding year. In June 2019 and in May 2019 the annual rates of change were +0.2% and +0.7%, respectively. From June 2019 to July 2019 the index slightly rose 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.

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