Indicator analysis: German import prices slip unexpectedly
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NEW YORK (Forex News Now) – German import prices slipped unexpectedly in July, official data showed on Friday, according to indicator analysis.
In a report that was likely to impact currency market trading, Germany’s statistics agency said import prices fell 0.2 percent during the month, after rising 0.9 percent in June.
Analysts had expected a modest increase of 0.1 percent in July, two realtime forex news outlets reported.
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