Mediafax (Mediafax)
Macroeconomics  |  July 07, 2012 09:14:11

German statisticians communicate the details of the June inflation


BERLIN (MEDIAFAX) - Federal Statistical Office Destatis published in the middle of June, revised data on inflation in Germany. According to preliminary estimates from the end of June the local annual inflation fell to 1.7 percent, while analysts expected a 1.8 percent.

Annual inflation in Germany and was the lowest since December 2010. Fuel prices remained a second month in a drop in oil prices and cheaper for the fourth month in a row.

Previous month, consumer prices by German statisticians estimate decreased by 0.1 percent, while the expected stagnation.

In May, annual inflation was 1.9 percent for the first time since December 2010, thus remaining below the level of two percent, which is a key milestone in the euro area price stability, in May, mom, mom consumer prices fell by 0.2 percent, which was her firstdecline this year.

Harmonised inflation in June first estimate fell by 0.2 percent year on year and grew by two percent equals, while waiting for mom to drop by 0.1 percent and annual growth of 2.1 percent.

Preliminary data on inflation in Germany is calculated based on consumer price data for six of the 16 German federal states. Definitive data on the basis of statistical data of all 16 federal states will be released just on Wednesday, 11 July.

Tomáš Králíček, kralicek@mediafax.cz

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Němečtí statistici oznámí údaje o červnovém vývoji inflace

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