Germany March import worth index -1.0% vs -0.8% m/m anticipated

• Prior +0.3%

The bulk of the decline owes to energy prices. If you strip that out, import prices were only seen down 0.3% on the month. Looking at the breakdown, there were also falls in prices for intermediate goods (-0.4%) and capital goods (-0.4%).

This article was written by Justin Low at www.forexlive.com.