German import prices slip 8 successive month in August

Note: This section contains information in English only.
Source: RTT News
© Scanpix/FP
Import prices in Germany declined for the eight consecutive month in August with the fastest rate of decrease in almost four years, a report released by the Federal Statistics Office unveiled on Tuesday. The report showed that import prices index fell 3.4% year-on-year in August following a 2.6% declined recorded in the month before, while it was forecast to drop 3.9%.

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