Index of import prices in Germany added 8% in 2011

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Source: Forexfactory
German index on prices on import increased by 8% on an annual basis last year, reported Destatis. This was the largest increase in price in the last 11 years. The index soared 3.9% in December on monthly basis.  At the same time, export prices edged up 3.7% on a yearly  average basis in 2011.


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