Germany October import value index +Zero.6% vs +Zero.1% m/m anticipated
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- Prior -Zero.four%
The bounce right here is broad-based but in addition owes just a little to power costs. If you happen to strip that out, import costs have been nonetheless seen up however by Zero.four% on the month. Wanting on the breakdown, there have been will increase within the value for shopper items (+Zero.5%), sturdy items (+Zero.four%), intermediate items (+Zero.5%), and capital items (+Zero.2%).
This text was written by Justin Low at www.ubaidahsan.com.
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