German import prices down 0.7% YoY in December

Wednesday, 29. January 2020 08:27

The index of import prices in Germany declined by 0.7% in December on an annual scale, according to a report from the country's statistical office Destatis released on Wednesday. Month-on-month, the index added 0.2%.

Excluding oil and minerals, the index of import prices fell by 1.9% in December on an annual basis, whereas compared to November, the index decreased by 0.1%.

Meanwhile, export prices increased by 0.4% year-over-year and by 0.2% on a monthly basis.

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Breaking the News / GG