Germany May import price index -1.4% vs -1.4% m/m expected
Prior -1.7%Import price index -9.1% vs -9.1% y/y expectedPrior -7.0%The drop in import prices has a chunk to do with energy prices, which declined again by another 5.3% on the month. If you strip all of that out, import prices did still fall but by only 0.6% on the month. This article was written by Justin Low at www.forexlive.com.
- Prior -1.7%
- Import price index -9.1% vs -9.1% y/y expected
- Prior -7.0%
The drop in import prices has a chunk to do with energy prices, which declined again by another 5.3% on the month. If you strip all of that out, import prices did still fall but by only 0.6% on the month.
This article was written by Justin Low at www.forexlive.com.
