Germany's import prices declined the most since early 2024 on a sharp decline in energy prices, Destatis said Tuesday. Import prices registered an annual decline of 1.5 percent after decreasing 1.4 percent in July. The 1.5 percent fall marked the biggest since April 2024.The fall reflected a sharp 15.6 percent decrease in energy prices. Excluding energy prices, import prices remained unchanged fro...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.