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Germany July import price index -0.6% vs 0.0% m/m expected

Germany July import price index -0.6% vs 0.0% m/m expected
Prior -1.6%Import price index -13.2% vs -12.9% y/y expectedPrior -11.4%The main drag on the year-on-year reading is energy price developments. If you strip out energy prices, import prices were only down 3.1% compared to July last year. But with an increase of energy prices by 0.5% on the month, the July import price reading would actually be down 0.9% if you strip out energy prices. This article was written by Justin Low at www.forexlive.com... Read More
Posted: Aug 30 2023, 06:00
Author Name: forexlive
Views: 111688

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