German final consumer price inflation rises 0.3% in May
Destatis released its final consumer price data for Germany on Friday. German final consumer price index were up 0.3% in May, in line with the preliminary estimate, after a 0.4% fall in April.
On a yearly basis, German final consumer price index increased to 0.1% in May from -0.1% in April, in line with the preliminary estimate.
Energy prices dropped 7.9% year-on-year in May, while food prices were flat.
Consumer prices excluding energy increased 1.2% year-on-year in May.