Germany December import price index -1.1% vs -0.5% m/m expected
Prior -0.1%Slight delay in the release by the source. The year-on-year decline in import prices is seen at 8.3%, representing the largest drop since 2009. The fall in import prices last month owes much to energy prices though. If you strip that out, the monthly reading shows a mild 0.1% decrease in prices only. This article was written by Justin Low at www.forexlive.com.
- Prior -0.1%
Slight delay in the release by the source. The year-on-year decline in import prices is seen at 8.3%, representing the largest drop since 2009. The fall in import prices last month owes much to energy prices though. If you strip that out, the monthly reading shows a mild 0.1% decrease in prices only.
This article was written by Justin Low at www.forexlive.com.