Import prices decreased at a slower than expected pace in May, data from German statistics agency Destatis showed on Tuesday. Import prices fell -5.50% on a year over year basis during the reported month and showed moderation following April's declines of -6.60%, which was the sharpest decline in import prices since October 2009. The declines came as energy prices fell -26.50% while excluding energy, import prices fell -2.70%. On a monthly basis, German import prices increased 0.90%, following a 0.10% decrease between March and April.
Germany Rules Out Negotiations with UK
Daily Analysis - 29/06/2016