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Import prices in February 2024: -4.9% compared to February 2023
Import prices were 4.9% lower in February 2024 than in February 2023. In January 2024, the rate of change compared to the same month of the previous year was -5.9%, and in December 2023 it was -7.0%. As the Federal Statistical Office (Destatis) also reports, import prices fell by 0.2% in February 2024 compared to the previous month of January 2024. Export prices in February 2024 were 1.1% below the level in February 2023. In January 2024, the annual rate of change was -1.3% and in December 2023 it was -1.4%. Compared to the previous month of January 2024, export prices rose by 0.2%. Decrease in import prices compared ... (full story)