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28.02.2019 15:30

German import prices growth slowed in January

Federal Statistical Office (Destatis) said, the index of import prices increased by 0.8% in January 2019 compared with the corresponding month of the preceding year. In December and in November 2018 the annual rates of change were +1.6% and +3.1%, respectively. From December 2018 to January 2019 the index fell by 0.2%.

The index of import prices, excluding crude oil and mineral oil products, increased in January 2019 by 1.1% compared to January 2018 and in comparison with December 2018 it fell by 0.3%.

The index of export prices increased by 1.1% in January 2019 compared with the corresponding month of the preceding year. In December and in November 2018 the annual rates of change were +1.3% and +1.7%, respectively. From December 2018 to January 2019 the index slightly rose by 0.1%.


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