Germany April import price index +0.3% vs +0.5% m/m expected

Latest data released by Destatis - 28 May 2019

• Prior 0.0%
• Import price index +1.4% vs +1.6% y/y expected
• Prior +1.7%

Import prices improve slightly in the month of April but the data here is a lagging proxy of inflationary pressures. As such, it doesn't hold much relevance currently as we already had CPI data for April released earlier in the month.