German import prices decline further

Note: This section contains information in English only.
Source: RTT News
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% cheaper.
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