Germany's import price inflation slowed for the seventh consecutive month in April, data released by the Federal Statistical Office showed Tuesday.
The import price index increased 2.3 percent on an annual basis in April, slower than the 3.1 percent growth seen in March. The rate of growth slowed regularly since September 2011.
Excluding crude oil and mineral oil products, the import price inflation was 1.4 percent during the month, data showed.
Month-on-month, import prices dropped 0.5 percent in April, reversing the previous month's 0.7 percent increase.
At the same time, the export price index rose 1.8 percent annually in April, following the previous month's 1.9 percent gain. Compared to March, export prices edged up 0.2 percent during the month, unchanged from the growth rate seen in the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.