Germany August import price index +0.4% vs +0.5% m/m expected

  • Latest data released by Destatis - 29 September 2023
  • Prior -0.6%

Energy imports may be down some 54% compared to August last year but they are seen up by a little over 4% compared to July this year. If you strip that out, import prices were actually down 0.3% on the month so that speaks to softer price pressures in other areas at least.

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