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According to the Federal Statistical Office, the index for import prices in August 2007 was 0.6% lower than in the same month last year. This marks the first annual decrease since March 2004. The index for export prices was 1.6% higher in August this year than in August 2006 and remained unchanged as compared to July 2007. +++

According to the latest calculations by the the eco-association, the introduction of internet data retention will turn out to be much more expensive to the internet economy than so far assumed. For the storage of dynamic IP addresses and IP forwarding costs are expected to amount to 139 million Euros. Even more costly will probably be the storage of email data which may cost 155 million Euros. In addition there will be the costs for the storage of stock data and internet telephony data which could amount to 25 and 12.5 million Euros respectively. +++

The average potential for saving overhead costs in small and medium-sized entities (SMEs) amounts to about 20%, says Mr. Arnd Halbach, business development manager with »Expense Reduction Analysts« (ERA). This figure represents quite a lot of money which could increase the liquidity of SMS without taking out loans and thus interest-free. +++

Even though the real estate crisis and the upward revaluation of the Euro are currently causing quite a stir, the economic upswing in Germany is hardly affected by this, forecasts the Institute for the German Economy (IW) in Cologne. According to the IW´s latest estimates GDP will probably grow by 2.5% in real terms this year and by 1.9% in 2008. +++