As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 4.6% in June 2016 compared with the corresponding month of the preceding year. In May and in April 2016 the annual rates of change were -5.5% and -6.6%, respectively. From May to June 2016 the index rose by 0.5%.
The index of import prices, excluding crude oil and mineral oil products, decreased by 2.8% compared with the level of a year earlier.
The index of export prices decreased by 1.3% in June 2016 compared with the corresponding month of the preceding year. In May and in April 2016 the annual rates of change were -1.6% and -2.0%, respectively. From May to June 2016 the index rose by 0.2%.
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