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6/28, 8:00 AM (Source: TeleTrader)
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Germany's import prices up 1.7% in May

The index of import prices in Germany grew by 11.8% in May on an annual basis, the country's statistical office Destatis reported on Monday. On a monthly scale, the index rose by 1.7%.

The index of import prices, excluding crude oil and mineral oil products, increased by 8.0% year-over-year in the same period while climbing 1.4% compared with April.

The index of export prices advanced by 0.4% in May on a yearly basis and was up 0.7% since the prior month.

Breaking the News / MD