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Economy And The Numbers

German Import Price Inflation At 19-Month Low On Easing Energy Costs

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Germany's import price inflation eased less-than-expected in December to the lowest level in just over one-and-a-half years amid a continued slowdown in the energy prices, data published by Destatis revealed on Tuesday.

Import prices logged a double-digit annual growth of 12.6 percent in December, slower than the 14.5 percent surge in November. Economists had forecast inflation to ease to 12.0 percent.

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