empty
 
 

2019.06.1303:13:00UTC+00Germany's Inflation Eases As Estimated

Germany's consumer price inflation moderated as estimated in May from a five-month high on air tickets and holiday packages, final data from Destatis revealed Thursday.

Consumer price inflation eased to 1.4 percent from 2 percent in April. The rate came in line with the estimate published on May 31.

On a monthly basis, consumer prices gained 0.2 percent in May, in line with flash estimate.

Data showed a 9 percent decrease in package holiday costs and air tickets prices advanced only 1.4 percent. Meanwhile, energy product prices advanced 4.2 percent.

Excluding energy, consumer prices rose 1.2 percent from the same period of 2018.

EU harmonized inflation slowed to 1.3 percent, in line with estimate, from 2.1 percent in the previous month.

On a monthly basis, the harmonized index of consumer prices rose 0.3 percent in May. Both monthly and annual inflation figures were confirmed.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback