Press release No. 088 of 26 February 2021
Import prices, January 2021
+1.9% on the previous month
-1.2% on the same month a year earlier
Export prices, January 2021
+0.9% on the previous month
+0.1% on the same month a year earlier
WIESBADEN - As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 1.2% in January 2021 compared with the corresponding month of the preceding year. In December and in November 2020 the annual rates of change were -3.4% and -3.8%, respectively. From December 2020 to January 2021 the index rose by 1.9%.
The index of import prices, excluding crude oil and mineral oil products, increased by 0.5% in January 2021 compared with January 2020 and in comparison with December 2020 it rose by 1.4%.
The index of export prices increased by 0.1% in January 2021 compared with the corresponding month of the preceding year. In December and in November 2020 the annual rates of change were -0.6%, each. From December 2020 to January 2021 the index rose by 0.9%.
Crisis monitor allows comparison between corona crisis and and financial and economic crisis
The import prices are also part of the "Crisis monitor" (www.destatis.de/krisenmonitor), which is used by the Federal Statistical Office to compare the development of major short-term indicators between the corona crisis and the financial and economic crisis of 2008/2009. The "Crisis monitor" complements the "Corona statistics" webpage (www.destatis.de/corona), which has provided statistical information on the economic and social consequences of the corona pandemic.
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.
