Germany's import prices up in March

Consumer goods' prices up by 3.6%, causing largest impact on import prices, Destatis says

By Gokhan Ergocun

ISTANBUL (AA) - Import prices in Germany rose by 2.1% in March on a yearly basis, the federal statistical authority Destatis released on Wednesday.

Meanwhile, the country's export prices increased by 2% over the same period.

Consumer goods prices rose by 3.6%, having the largest impact on import prices in March.

The prices of imported agricultural products in March were 12.3% higher than in the same month a year earlier.

Energy imports were also more expensive, up 2.4% year-on-year in March.

On a monthly basis, import prices decreased by 1% in March.

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