German import and export prices increased in February.
The Federal Statistics Office in Germany reported today a seasonally adjusted 1.0% increase in import prices in February. Analysts expected reading of 0.9%.
Comparing with 2011 index reached 3.5%, while preceding month’s data showed 3.7% rate.
Destatis informed also that export prices rose in February by seasonally adjusted 0.3%
In a yearly capture index rose at annual rate of 2.0%.