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German Import Prices Fall At Slowest Pace In 5 Months

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

Germany's import prices dropped at the slowest pace in five months in September as the decline in energy prices slowed notably, Destatis reported Friday.

Import prices logged a yearly decline of 1.0 percent in September, which was slower than the 1.5 percent decrease in August. This was the slowest fall since April.

The decline in energy prices had the biggest impact on overall import prices. Energy prices were down 11.0 percent from a year ago.

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