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German import prices down 14.3% in September
![IndiaTimes]()
Tuesday, 31 October 2023
German import prices fell by 14.3% in September compared to the previous year, according to the country's statistics office. This decline, which is lower than analysts' expectations, is attributed to the base effect of large price increases in 2022 due to the war in Ukraine. The German economy's reliance on imported intermediate products and raw materials means that falling import prices have a delayed impact on overall inflation.
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Tuesday, 31 October 2023
