Germany’s import prices increased for the first time in nearly two years in February, data released by Destatis showed on Tuesday.
Import prices advanced 1.4 percent year-on-year in February, reversing a 1.2 percent drop in January. This was the first increase in import prices since April 2019.
Economists had forecast an annual growth of 1.1 percent for February.
On a monthly basis, import price inflation slowed to 1.7 percent from 1.9 percent in the previous month.
Excluding energy, import prices advanced 1 percent on both monthly and annual comparison. Energy prices advanced 5.2 percent from last year.
Export prices grew 0.7 percent year-on-year, following a 0.1 percent rise in January. Month-on-month, export prices gained 0.5 percent versus a 0.9 percent rise in the previous month.
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.