Latest data released by Destatis - 29 April 2021
- Prior +1.7%
- Import price index +6.9% vs +6.0% y/y expected
- Prior +1.4%
A solid bump in import prices on the month, which is helped by higher input costs due to supply constraints in general across the globe. The big spike in the year-on-year reading owes to base effect adjustments, due to the fall in prices during the pandemic last March.
