The pace of consumer price inflation accelerated in Germany in June
Instead of the expected slowdown, the annual rate of increase in consumer prices accelerated in Germany in June, but still fell far short of the European Central Bank’s (ECB) target.
The German Federal Statistical Office (Destatis) said on Monday that consumer prices rose 0.9 percent year-on-year in June from a year earlier. Analysts had expected a 0.6 percent rise after the 0.6 percent increase of May. (MTI)
Related news
Amazon stops offering Fresh home delivery in Germany
After seven years, US-based Amazon is to discontinue its Fresh…
Read more >
Seven In Ten Younger Consumers Use Self-Checkouts Regularly In Germany
A new study by KPMG and the EHI Retail Institute…
Read more >
The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >
More related news >
Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >
