WIESBADEN- The index of import prices rose by 2.1% on an annual average in 2012 compared with 2011, as reported by the Federal Statistical Office (Destatis). In December it rose by 0.3% compared with the corresponding month of the preceding year. In November and in October 2012 the annual rates of change were +1.1% and +1.5%, respectively. From November to December 2012 the index fell by 0.5%. 

The index of import prices, excluding crude oil and mineral oil products, was on an annual average 1.1% above the level of a year earlier. In December 2012 it did not change compared to December 2011 and fell by 0.3% in comparison with November 2012.

The index of export prices increased by 1.7% on an annual average in 2012 from the previous year. In December 2012, it was up 1.1% compared with the corresponding month of the preceding year. In November and in October 2012 the annual rates of change were +1.5% and +1.7%, respectively. From November to December 2012 the index fell by 0.4%.

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