Destatis released its import prices data for Germany on Monday. German import prices declined by 1.4% in March from last year, after a 3% fall in February.

Import prices decline since January 2013.

On a monthly base, import prices increased 1% in March, after a 1.4% in February.

On a monthly base, import prices excluding crude oil and mineral oil products climbed by 1% in March.

Export prices climbed to 1.4% year-on-year in March from 0.7% in February.

On a monthly base, export prices rose 0.6% in March.