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    14.07.2015 09:03 German final consumer price inflation declines 0.1% in June

    Destatis released its final consumer price data for Germany on Tuesday. German final consumer price index declined 0.1% in June, in line with the preliminary estimate, after a 0.1% rise in May.

     

     

    On a yearly basis, German final consumer price index decreased to 0.3% in June from 0.3% in May, in line with the preliminary estimate. It was the highest level since October 2014.

     

     

    The decline was driven by falling energy prices which dropped 5.9% year-on-year in June.

     

     

    Food prices climbed 1.0% year-on-year in June, while recreation and culture prices fell 0.6%.


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