German import price ranges report the major annual enhance because 1980

BERLIN (Reuters) – German import price ranges rose 21.7 p.c in Oct from the very same thirty day period a 12 months before, recording their major once-a-year raise given that January 1980, the Federal Statistical Business mentioned Friday.

Increased power prices drove the improve. In October 2021, energy imports were 141.% much more pricey than in the very same month last yr.

Above the thirty day period, import rates increased 3.8% in October.

A Reuters poll had indicated a 2.1% maximize on a month-to-month foundation and a 19.6% increase on an yearly basis.

(Crafting by Paul Carrel Modifying by Riham Alkousaa)

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