2019.05.2804:09:00UTC+00Germany Import Price Inflation Slows In April

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.