Destatis released its final consumer price data for Germany on Thursday. German final consumer price index rose 0.2% in July, in line with the preliminary estimate, after a 0.1% decline in June.
On a yearly basis, German final consumer price index decreased to 0.2% in July from 0.3% in June, in line with the preliminary estimate. It was the lowest level since February.
The decline was driven by falling energy prices, which dropped 6.2% year-on-year in July.
Food prices climbed 0.4% year-on-year in July.