Import prices were 3.6% lower in March 2024 compared with March 2023. The year-on-year rate of change was -4.9% in February 2024, and -5.9% in January 2024. The Federal Statistical Office (Destatis) also reports that import prices in March 2024 were up 0.4% on February 2024. Export prices in March 2024 were 1.0% lower than in March 2023. The year-on-year rate of change was -1.1% in February 2024, and -1.3% in January 2024.Compared with February 2024, export prices were up slightly by 0.1%. Drop in import prices compared with March 2023 due to lower prices for intermediate goods and energy The decline in the prices of ... (full story)