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German import prices fell 1.5% yearly in August, mainly due to a 15.6% drop in energy costs.
German import prices fell 1.5% year-on-year in August, the largest drop since April 2024, driven by a 15.6% plunge in energy prices, according to Destatis.
Excluding energy, import prices were flat annually.
Monthly, import prices dropped 0.5%, following a 0.4% decline in July.
Export prices rose 0.5% annually, down from 0.6% in July, and fell 0.1% month-on-month.
The data reflects ongoing downward pressure on import costs, mainly due to lower energy prices, with core import trends stable.
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Los precios de las importaciones alemanas cayeron un 1,5% anual en agosto, debido principalmente a una caída del 15,6% en los costos de la energía.