Germany, April import prices +0.7 m/m -1.7% y/y

Germany April import prices 07 mm 17 yy

(Finance) – The import prices in Germany to April 2024. The data, communicated by the Federal Office of Statistics of Germany (DESTATIS), recorded a change of +0.7% on the month against the +0.5% expected by analysts and after the +0.4% of March .

On an annual basis a decrease of 1.7% was recorded compared to -3.6% in the previous month and compared to the expected -1.8%.

Net of petroleum and mineral productsprices fell 2.2% year-on-year and rose 0.6% month-on-month.

As for the export pricesthere was a decrease of 0.2% year-on-year and an increase of 0.4% compared to the previous month.

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