Pubblicato in: Banche Centrali, Devoluzione socialismo

Germania. Aprile21. Prezzi dell’Import +10.3%, energetici +101.3%, elettricità +209.6%, aprile21su aprile20. – Destatis.

Giuseppe Sandro Mela.

2021-05-30.

2021-05-29__ Germania - Indice dei prezzi all'Importazione (Annuale) 001

In sintesi.

– Import prices +10.3% on the same month a year earlier

– In March 2021 and in February 2021 the annual rates of change were +6.9% and +1.4%, respectively

– Energy imports were 101.3% more expensive in April 2021 than in April 2020

– the price of electricity increased significantly by 209.6%

– Export prices +3.3% on the same month a year earlier

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Ad un aumento dei prezzi di importazione e della energia corrisponde un congruo aumento dei costi di produzione. E così facendo, la stagflazione si dispiega.

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Destatis. Import prices in April 2021: +10.3% on April 2020

Pressrelease #253 from 28 May 2021

                         Import prices, April 2021

+1.4% on the previous month

+10.3% on the same month a year earlier

                         Export prices, April 2021

+0.8% on the previous month

+3.3% on the same month a year earlier

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WIESBADEN – As reported by the Federal Statistical Office (Destatis), the index of import prices increased by 10.3% in April 2021 compared with the corresponding month of the preceding year. This has been the highest year-on-year-change since December 2010 (+10.3%). In March 2021 and in February 2021 the annual rates of change were +6.9% and +1.4%, respectively. From March 2021 to April 2021 the index rose by 1.4%.

                         High price increase mainly caused by the energy price development

Energy imports were 101.3% more expensive in April 2021 than in April 2020. This high rate of annual change derives from the very low prices in April 2020. This increase is due to the extremely low price level of the comparative month (base effect). In April 2020, demand had reached its lowest point, caused by the corona crisis, with a strong surplus of supply at the same time. The largest influence on the year-on-year rate of energy price increase had crude oil with a plus of 198.0%, mineral oil products with a plus of 76.6 % and natural gas with a plus of 57.6 %. In addition, the price of electricity increased significantly by 209.6%.

The index of import prices, excluding crude oil and mineral oil products, increased by 6.0% in April 2021 compared with April 2020 and in comparison with March 2021 it rose by 1.5%.

The index of export prices increased by 3.3% in April 2021 compared with the corresponding month of the preceding year. This has been the highest year-on-year-change since May 2011 (+3.4%). In March 2021 and in February 2021 the annual rates of change were +2.2% and +0.7%, respectively. From March 2021 to April 2021 the index rose by 0.8%.