Germany January import price index +1.1% vs +0.7% m/m expected

• Prior +0.4%

Import prices across most areas increased during the turn of the year. Even if you strip out energy prices (+4.1%), import prices were still up 0.8% on the month. A key takeaway is that this is the fourth straight month that import prices have increased, with the index itself now rising to 115.2 – well higher than the 112.5 average seen in 2024.

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