Saturday , 30 November 2024
Home Forex Germany October import price index +0.6% vs +0.1% m/m expected
Forex

Germany October import price index +0.6% vs +0.1% m/m expected

  • Prior -0.4%

The jump here is broad-based but also owes a little to energy prices. If you strip that out, import prices were still seen up but by 0.4% on the month. Looking at the breakdown, there were increases in the price for consumer goods (+0.5%), durable goods (+0.4%), intermediate goods (+0.5%), and capital goods (+0.2%).

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

December forex seasonals: What’s hot, cold and gold in the month of December

The hours of November trading are ticking down but jingle bells are...

Canadian banks see a strong case for a 50 basis point rate cut

The headline from today's Canadian GDP report is that growth declined on...

Tough year for FX and rates desks

The largest 250 trading firms are set to make a total of...

European equity close: DAX leads the way as more rate cuts seen following CPI

Closing changes in Europe:Stoxx 600 +0.6%German DAX +1.0%France CAC +0.7%UK FTSE 100...