German Import Price Inflation Slows | Business| Economy and finance news from a German perspective | DW | 27.05.2005
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Business

German Import Price Inflation Slows

Prices of goods imported into Germany rose by 3.3 percent on a 12-month basis in April, slower than in previous months, but still high as a result of surging oil and raw materials prices, new data showed on Friday. The German import price index had already risen by 3.8 percent year-on-year in March and 3.7 percent in February. Excluding oil, the index would have risen by just 0.4 percent in April, the statisticians calculated.

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