Germany's import prices up 23.5% in October
Energy prices cause higher prices in imports, exports, says Destatis
By Gokhan Ergocun
ISTANBUL (AA) – Germany's import prices were 23.5% higher in October versus the same month last year, official figures revealed on Friday.
According to the Federal Statistical Office (Destatis), changes were 29.8% in September and 32.7% in August.
On a monthly basis, the import prices dropped 1.2% in October.
The country's export prices increased 13.1% on a yearly basis in October, while they decreased 1.2% over the same period.
Price increases were caused by higher energy prices particularly, according to Destatis.
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