Home Economic Indicators German Import Prices Fall 1.9% Year-on-Year in November

German Import Prices Fall 1.9% Year-on-Year in November

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Germany’s import prices declined by 1.9% on an annual basis in November, coming in slightly higher than market expectations, according to data released by the country’s statistics office on Tuesday.

Economists surveyed by Reuters had forecast a steeper drop of 2.2%, meaning import prices fell less than anticipated.