Germany May import price index -1.4% vs -1.4% m/m expected

<ul><li>Prior -1.7%</li><li>Import price index -9.1% vs -9.1% y/y expected</li><li>Prior -7.0%</li></ul><p>The drop in import prices has a chunk to do with energy prices, which declined again by another 5.3% on the month. If you strip all of that out, import prices did still fall but by only 0.6% on the month.</p>

This article was written by Justin Low at www.forexlive.com.