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12/28/2018, 8:02 AM (Source: TeleTrader)
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German import prices 3.1% higher in November

Import prices in Germany marked an increase of 3.1% in November compared to the same month last year, the German Federal Statistical Office Destatis said in a report on Friday. On a monthly basis, the figure came in 1% lower in November. Meanwhile, in October and September, the annual rates of change were 4.8% and 4.4%, respectively.

Not accounting for crude oil and mineral oil import prices, the index for October increased by 2.3% year over year. Export prices for the eleventh month of 2018 saw an annual growth of 1.7% and 0.1% monthly decrease. The export figures for October and September recorded annual increases of 2% and 1.9%, respectively.

Breaking the News / FH