Tue, 28 Jan 2014 09:35:08 GMT
German import prices decline further
Import prices in the largest economy of the Eurozone continue to show a downward trend, as prices in December of 2013 dropped 2.3% on the annual basis. At the same time, the pace of decrease slowed dramatically from 2.9% in November. The negative tendency can already be seen since December 2012. Energy prices fell 5%, while non-ferrous metals became 15.5%