Inflation in Germany hit a three-and-a-half-year low in May

According to the final data from Destatis, inflation in Germany was the same as in the preliminary calculation in May. Consumer prices rose 0.6 percent from a year earlier, the lowest level in three and a half years since September 2016. In the previous month, April, the rate of annual rise in consumer prices was 0.9 percent. (MTI)