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German import prices in May 2024: -0.4% on May 2023
Import prices were 0.4% lower in May 2024 than in May 2023. Compared with the same month a year earlier, the rate of change was -1.7% in April 2024, and -3.6% in March 2024. The Federal Statistical Office (Destatis) also reports that import prices in May 2024 remained unchanged from April 2024.Export prices in May 2024 were 0.2% higher than in May 2023. The year-on-year rate of change was -0.2% in April 2024, and -1.0% in March 2024. Export prices remained unchanged from April 2024. Drop in import prices compared with May 2023 due to lower prices for intermediate goods The decline in the prices of imported ... (full story)