Germany October import price index +0.2% vs 0.0% m/m expected

• Prior +0.2%
• Import price index -1.4% y/y
• Prior -1.0%

Excluding energy prices, German import prices were seen up 0.3% on the month and unchanged compared to October last year. As such, it reaffirms that the greatest impact on the overall development of import prices was again the decline in energy prices. Compared to October last year, that is seen down 15.1% and compared to September, it was down by an average of 1.5%.

This article was written by Justin Low at investinglive.com.