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German import prices fell 1.9% yearly in November, driven by a 15.7% drop in energy costs.
German import prices fell 1.9% year-on-year in November, a smaller drop than the 2.2% decline forecasted, with a 0.5% monthly increase slightly exceeding expectations.
The decline was driven by a 15.7% drop in energy prices, while non-energy import prices rose 0.3% monthly and fell 0.3% annually, indicating modest pressure.
The data reflects ongoing deflationary trends in Germany’s import costs.
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Los precios de importación alemanes cayeron un 1,9% anual en noviembre, impulsados por una caída del 15,7% en los costes de la energía.