Germany October import price index +0.6% vs +0.1% m/m expected

• Prior -0.4%

The jump here is broad-based but also owes a little to energy prices. If you strip that out, import prices were still seen up but by 0.4% on the month. Looking at the breakdown, there were increases in the price for consumer goods (+0.5%), durable goods (+0.4%), intermediate goods (+0.5%), and capital goods (+0.2%).

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