German Import Prices Decline More-Than-Expected in August

German import prices fell more than expected in August, official data showed on Wednesday.

The report, Destatis, the German Federal Statistical Office, German import prices in July fell 0.7% in August after a 0.8% decline, he said.

Analysts had expected the German import prices fall 0.3% in August.

Year after year, after rising 7.5% in July, the German import prices, increased by 6.7% lower than expected in August, up 6.6% on an annual basis.

Publication of data, the U.S. dollar to 1.3579 and 0.05% for ease of trade in EUR / USD is slightly higher against the euro.

Meanwhile, European stock markets have a pessimistic outlook. While pointing to a decline in the German DAX lost 0.8% EURO STOXX 50 run mark, the French CAC 40 fell 0.9% end of the term FTSE 100, fell 0.7% to 1%.