Indicator analysis: German import prices slip unexpectedly

ForexNewsNow | Published on August 26, 2010 at 11:06 pm

German import prices - Angela MerkelNEW 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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