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Germany Import Prices Log Biggest Fall In Nearly 14 Years

Por: RTTNews Business July 31, 2023

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Germany import prices declined at the fastest pace in nearly 14 years in June largely due to the sharp reduction in energy import cost, data published by Destatis showed on Monday. Import prices registered an annual decline of 11.4 percent annually after a 9.1 percent decrease in May. Prices were forecast to fall 10.7 percent. This was the biggest fall recorded since September 2009, when prices eased sharply in the context of the financial and... + full article



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