Import Price Index (MoM)

Actual
-2.4%
Previous
-1.2%
Forecast
-1%

Import price index, reported by Federal Statistical Office (Destatis), measures the change in prices for goods imported by Germany . The Import Price Index is important in distinguishing changes in trade volume versus changes in trade prices. Whereas growth in import volume suggests stronger consumer demand and economic expansion, growth in import prices suggests higher production costs and inflationary pressures.

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