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Import prices in October 2022: +23.5% on October 2021

From destatis.de

Import prices were 23.5% higher in October 2022 compared with October 2021. The Federal Statistical Office (Destatis) also reports that the year-on-year rate of change had been +29.8% in September 2022 and +32.7% in August 2022. Compared with September 2022, import prices were down 1.2% in October 2022.In October 2022, energy imports were 84.7% more expensive than in October 2021 (-5.2% compared to September 2022). The largest influence on the year-on-year rate of the energy price increase had the price increase of natural gas with a plus of 151.4%, followed by that of mineral oil products with a plus of 56.0% and ... (full story)

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  • Category: Fundamental Analysis