As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 1.8% in September 2016 compared with the corresponding month of the preceding year. In August and in July 2016 the annual rates of change were -2.6% and -3.8%, respectively.
From August to September 2016 the index rose slightly by 0.1%.
The index of import prices, excluding crude oil and mineral oil products, decreased by 1.4% compared with the level of a year earlier.
The index of export prices decreased by 0.6% in September 2016 compared with the corresponding month of the preceding year. In August and in July 2016 the annual rates of change were -0.9% and -1.2%, respectively. From August to September 2016 the export price index did not change.
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