Germany September import price index +1.3% vs +1.5% m/m expected

Latest data released by Destatis - 27 October 2021

• Prior +1.4%
• Import price index +17.7% vs +18.0% y/y expected
• Prior +16.5%

Another month, another jump in import prices as rising cost pressures are still reaffirming the trend of higher prices in general across the German and euro area economy. Expect the trend to keep up as supply and capacity constraints persist in Q4.