Germany July import price index +1.4% vs +1.5% m/m expected

  • Latest data released by Destatis - 31 August 2022
  • Prior +1.0%
  • Import price index +28.9% vs +29.1% y/y expected
  • Prior +29.9%

Another month, another increase in German import prices and this will do little to ease worries about rising inflation pressures in Europe's biggest economy. The surge in energy prices - natural gas in particular - is a problem:

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