Home / Market Update / Forex Market / German Inflation Eases to 2.5% in June, Confirming Preliminary Data
Europe

German Inflation Eases to 2.5% in June, Confirming Preliminary Data

Germany’s inflation rate cooled down to 2.5% in June, according to the federal statistics office’s final figures released on Thursday. This confirms the initial estimates and marks a decline from the 2.8% year-on-year increase in May.

The harmonized consumer price index, which allows for comparison with other European Union countries, was used for this data.

For a more comprehensive analysis of the monthly inflation figures, the statistics office provides additional details on its website.

Check Also

Oil Prices Crash to 2017 Low Amid Tariff Fears and Production Surge

Oil prices plummeted by 7% on Friday, hitting their lowest level since 2017, as concerns …