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Germany Import Price Inflation Slows In April

(RTTNews) - Germany's import price inflation slowed in April after rising in the previous month, data from the Federal Statistical Office showed on Tuesday.

The import price index rose 1.4 percent year-on-year in April, slower than 1.7 percent increase in March. Economists had expected a rise of 1.6 percent.

In February, import prices rose 1.6 percent annually.

On a month-on-month basis, import prices rose 0.3 percent in April. Economists had expected a 0.5 percent rise.

The export prices grew 1.3 percent year-on-year in April and rose by 0.2 percent from the previous month.
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