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Textiles

Prime Content | 
Germany's import prices drop 13% YoY in October 2023

30 Nov '23
3 min read
Pic: Adobe Stock/Federico Rostagno
Pic: Adobe Stock/Federico Rostagno

Insights

  • In October 2023, Germany's import prices decreased by 13 per cent YoY, continuing the downward trend from previous months.
  • Energy imports cost 43.5 per cent less than in October 2022, led by a 65.3 per cent drop in natural gas prices.
  • Other energy sources also saw significant price reductions.
  • Excluding energy, import prices were down 3.3 per cent YoY.
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