Germany’s import price inflation eased to a two-year low in February due to a fall in energy prices for the first time since early 2021, data released by Destatis showed on Friday.
The import price index rose at a slower rate of 2.8 percent annually in February, following a 6.6 percent increase in January. Economists had expected inflation to moderate to 4.2 percent.
Moreover, this was the slowest annual growth since February 2021, when prices had risen only 1.4 percent.
