Germany's import prices down 1.3% in September due to weaker energy prices
Energy prices in Germany fall 16.1% year-on-year in September
By Gokhan Ergocun
ISTANBUL (AA) - Import prices in Germany dropped 1.3% in September on a yearly basis after a slight bump of 0.2% in August, the federal statistical office Destatis said Thursday.
The drop in import prices stemmed from falling energy prices, which lost 16.1% year-on-year in September.
"When energy prices are excluded, import prices in September 2024 were 0.6% higher than in September 2023," Destatis said.
The import prices of consumer goods rose 1.9% in September on an annual basis.
The country’s export prices posted a slight rise of 0.4% in September after a 0.8% increase in August.
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