New data Import Prices YoY (Oct)
11/29/2024
actual -0.8, previous -1.3
The event is "Import Prices YoY (Year-over-Year) for October" in Germany, scheduled for November 29, 2024, at 07:00 (GMT).- Country: Germany (DE)
- Currency: Euro (EUR)
- Unit: Percentage (%)
- Impact: Low
- Previous: -1.3
- Estimate: -1.2
- Actual: -0.8
- Change: 0.5
- Change Percentage: 38.46%
This economic indicator measures the annual percentage change in the prices of imported goods in Germany for the month of October compared to the same month in the previous year.
In this instance, the actual value of -0.8% is higher than the previous value of -1.3% and also beats the estimated value of -1.2%. The positive change percentage of 38.46% indicates an improvement in import prices compared to the previous period.
Overall, a decrease in import prices can be beneficial for consumers as it may lead to lower costs for imported goods, potentially contributing to lower inflation rates.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
