Press Import prices in February 2020: -2.0% on February 2019

Press release No. 114 of 31 March 2020

Import prices, February 2020
-0.9% on the previous month
-2.0% on the same month a year earlier

Export prices, February 2020
-0.1% on the previous month
+0.3% on the same month a year earlier

WIESBADEN – As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 2.0% in February 2020 compared with the corresponding month of the preceding year. In January 2020 and in December 2019 the annual rates of change were -0.9% and -0.7%, respectively. From January 2020 to February 2020 the index fell by 0.9%.

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The index of import prices, excluding crude oil and mineral oil products, decreased in February 2020 by 1.5% compared with February 2019 and in comparison with January 2020 it did not change.

The index of export prices increased by 0.3% in February 2020 compared with the corresponding month of the preceding year. In January 2020 and in December 2019 the annual rates of change were +0.5% and +0.4%, respectively. From January 2020 to February 2020 the index slightly fell 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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