Germany December import price index -1.1% vs -0.5% m/m expected

  • Latest data released by Destatis - 31 January 2024
  • Prior -0.1%

Slight delay in the release by the source. The year-on-year decline in import prices is seen at 8.3%, representing the largest drop since 2009. The fall in import prices last month owes much to energy prices though. If you strip that out, the monthly reading shows a mild 0.1% decrease in prices only.

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