Press Import prices in July 2018: +5.0% on July 2017

Press release No. 323 of 30 August 2018

Import prices, July 2018
• -0.2% on the previous month
• +5.0% on the same month a year earlier

Export prices, July 2018
• 0.0% on the previous month
• +1.9% on the same month a year earlier

WIESBADEN – As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 5.0% in July 2018 compared with the corresponding month of the preceding year. In June and in May 2018 the annual rates of change were +4.8% and +3.2%, respectively. From June 2018 to July 2018 the index decreased by 0.2%.

The index of import prices, excluding crude oil and mineral oil products, increased by 2.1% compared with the level of a year earlier.

The index of export prices increased by 1.9% in July 2018 compared with the corresponding month of the preceding year. In June and in May 2018 the annual rates of change were +1.8% and +1.3%, respectively. From June 2018 to July 2018 the export price index remained unchanged.

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.

More on this topic