
Measures the change in prices for goods imported by Germany. The Import Price Index is important in distinguishing changes in trade volume versus changes in trade prices. Whereas growth in import volume suggests stronger consumer demand and economic expansion, growth in import prices suggests higher production costs and inflationary pressures. Only when growth in import volume is also complemented by stable import prices can it be indicative of real economic growth.
The headlines are the monthly and annual percentage change in the index.
Relevance:
Rarely affects markets
Release schedule : 6.00 (GMT); monthly, near the end of the every month
Source of report : Federal Statistical Office Germany
Web Address : http://www.destatis.de/e_home.htm
Address of release : http://www.destatis.de/indicators/e/tkpre530.htm
AKA : The Index of Import Prices