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Germany Import Prices Fall Most Since 1987

Por: RTTNews Business August 30, 2023

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Germany's import prices registered its biggest fall since 1987 in July largely due to base effects, data released by Destatis showed on Wednesday.Import prices were down 13.2 percent on a yearly basis in July after 11.4 percent decrease in June. The latest decline was the biggest since January 1987 and also larger than economists' forecast of 12.9 percent. The statistical office said the overall fall was primarily due to a base effect... + full article



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