German Inflation Remains at 2.1 Percent in May

In May, the inflation rate in Germany did not rise. On average, goods and services were 2.1 percent more expensive than in the same month of the previous year.

Inflation in Germany remained stable in May year-on-year, helped by the fall in energy prices, which should reassure the European Central Bank, which is expected to decide on a further cut in interest rates on Thursday.

Analysts and the public had expected better. Despite expectations, inflation in Germany did not decrease further in May, the German Federal Statistical Office, Destatis, said on Friday ... ...

Direct: The annual inflation rate in Germany has stabilized unchanged ...

The inflation in Germany proves to be persistent. While it is falling in other countries, it is stagnating in this country. What puts central bankers in a tricky situation.

The inflation rate for goods and services remained unchanged in May compared to the previous month. Food costs remain the main price drivers, while consumers once again had to pay less for energy.