01 Nov 23 2 min read
Insights
- Germany witnessed a significant drop in import prices by 14.3 per cent YoY in September 2023, largely attributed to base effects and the Ukraine conflict.
- Imported consumer goods prices were almost flat compared to a year earlier.
- Export prices also declined by 4.1 per cent YoY.
- However, both import and export prices saw modest month-to-month increases.
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