Germany June import price index +1.6% vs +1.6% m/m expected

Author: Justin Low | Category: News

Latest data released by Destatis - 28 July 2021

  • Prior +1.7%
  • Import price index +12.9% y/y
  • Prior +11.8%
Import prices continue to reaffirm higher cost pressures, which translates to higher consumer inflation as well considering that the trend is still persisting. This may be a lagging data point but it is a supportive data to the narrative.
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