Germany's import prices rose at a faster than expected pace in January but remained lower in year-on-year comparison due to the steep fall in energy prices, preliminary data from the statistical office Destatis showed on Friday.
The import price index rose 1.1 percent month-on-month, same as in December, data showed. Economists had expected an increase of 0.6 percent. This was the largest month-on-month increase recorded since January 2025, which was also 1.1 percent, the statistical office said.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.