Mumbai, Feb. 27 -- Germany's import prices rose at a faster than expected pace in January but remained lower in year-on-year comparison due to the steep fall in energy prices, preliminary data from the statistical office Destatis showed on Friday.
The import price index rose 1.1 percent month-on-month, same as in December, data showed. This was the largest month-on-month increase recorded since January 2025, which was also 1.1 percent, the statistical office said.
Import prices fell 2.3 percent year-on-year, same as in December.
Energy prices continued to have the biggest influence on import prices in January amid a decline in prices for all energy sources, Destatis said.
In January, energy prices slumped 21.1 percent year-on-year but r...