Inflation Down to 2.3 Percent in June
18 Articles
18 Articles
Unexpected Declines in Inflation Fuel Hope: 'There Is a Good Chance that the Inflation Wave Is Over'
Inflation in France and Germany fell unexpectedly. In France, inflation fell from 2.8 percent last month to 2 percent in June. In Germany, inflation was 2.3 percent in June, up from 2.6 percent in May. This is remarkable, because inflation worldwide has risen in recent months precisely due to increased energy costs.
Inflation in Germany has fallen.
Inflation in Germany has lost pace. In June, consumer prices were 2.3 percent higher than in the same month of the previous year - after 2.6 percent in May, according to the Federal Statistical Office.
The rise in consumer prices continued to weaken in June: the inflation rate is only 2.3 percent. Food could still become more expensive.
In June, the German inflation rate declines again. Fallen oil prices are the reason. But the fuel discount has also had an impact. ECB Federal Reserve Bankers nevertheless consider the risk of inflation to be unabated.

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