Germany, import/export prices slow down in November

Germany importexport prices slow down in November

(Finance) – The import prices in Germany in November. The data, communicated onFederal Statistical Office of Germany (DESTATIS), recorded a monthly decrease of 0.1%, against the -0.4% expected by analysts and after +0.3% in October.

On an annual basis there was a decrease of 9% compared to -13% in the previous month.

Excluding petroleum and mineral products, prices decreased 12.9% year-on-year and increased 0.4% month-on-month.

As for the export pricesthere was a decrease of 2.9% year-on-year and a decrease of 0.3% compared to the previous month.

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