As reported by the Federal Statistical Office, in January 2008, the index of import prices increased by 5.2% from the corresponding month of the preceding year. This was the highest year-on-year rate of price increase since August 2006 +5.5%. In December and in November 2007 the annual rates of change were +3.7% and +3.5%, respectively. The index of import prices, excluding crude oil and mineral oil products, was 0.7% below the level of January 2007. |