Press Import prices in May 2016: –5.5% on May 2015

Press release No. 217 of 28 June 2016

WIESBADEN – As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 5.5% in May 2016 compared with the corresponding month of the preceding year. In April and in March 2016 the annual rates of change were –6.6% and –5.9%, respectively. From April to May 2016 the index rose by 0.9%.

The index of import prices, excluding crude oil and mineral oil products, decreased by 3.5% compared with the level of a year earlier.

The index of export prices decreased by 1.6% in May 2016 compared with the corresponding month of the preceding year. In April and in March 2016 the annual rates of change were –2.0% and –1.6%, respectively. From April to May 2016 the index rose by 0.2%.

Basic data and long time series are available in tables Index of export prices (61421-0006) and Index of import prices (61411-0006) in the GENESIS-Online database.

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