An increase in consumer prices in Germany

According to the provisional figures, the consumer prices in April stagnated in Germany on a montly basis, while increased by 0.5 percent in an annual comparison – the German Statistical Office (Destatis) announced on Wednesday.

Analysts expected a 0.4 percent annual growth and a 0.1 percent monthly decline.

Energy prices decreased by 5.9 percent on an annual basis, while food prices rose by 1.1 percent. The price of services increased by 1.2 percent. The datas are in line with the expectations of the analysts. (MTI)