German import prices gained 0.4% in November from the previous month owing to higher costs for energy, the national statistics office said today.
On an annual basis, the import price index declined by 5%, the Destatis office said, but when crude oil and mineral oil products were stripped out the drop was an even bigger 6.9%.
The risk of deflation has receded in Europe's biggest economy as energy prices have begun to climb back from troughs reached a year earlier.
