Germany October import price index -1.2% vs -1.7% m/m expected

  • Latest data released by Destatis - 2 December 2022
  • Prior -0.9%
  • Import prices +23.5% vs +23.3% y/y expected
  • Prior +29.8%

Import prices are seen declining further in October as lower energy prices are slowly reverberating back to the economy. That said, overall prices are still very much elevated and this very much reflects the sentiment that we also saw with the November PMI report.

Top Brokers

Sponsored

General Risk Warning