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.
Tagesschau
berliner-sonntagsblatt.deInflation 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.
Inflation in Europe's largest economies fell more than expected in June, with Germany's inflation rate easing to 2.4% and France already reaching the ECB's 2% target. The positive data was driven primarily by a drop in energy prices, helped by easing tensions in the Middle East. Investors are increasingly wary of another ECB rate hike, but central bank policymakers remain cautious. Chief economist Philip Lane and Bundesbank President Joachim Nag…
The rise in consumer prices continued to weaken in June: the inflation rate is only 2.3 percent. Food could still become more expensive.
Coverage Details
Bias Distribution
- 45% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
