Inflation slowed in Germany in January
Instead of stagnating as analysts had expected, German inflation slowed in January, according to a report by the German Federal Statistical Office, Destatis, based on preliminary data on Friday.
In January, the consumer price index in Germany was 2.3 percent higher than a year earlier. A month earlier, in December, annual inflation stood at 2.6 percent, an 11-month high, and the analyst consensus had been for 2.6 percent for January as well.
On a monthly basis, the consumer price index fell by 0.2 percent in January, compared with the 0.1 percent increase expected by analysts. A month earlier, in December, the consumer price index rose by 0.5 percent on a monthly basis.
According to a statement from Destatis
In Germany, energy prices fell by 1.6 percent in January after December, while food prices rose at a slower pace, by 0.8 percent on an annual basis, following a 2.0 percent increase in December. The price of services increased by 4.1 percent in December and 4.0 percent in January.
Related news
Is life cheaper beyond Komárom? – Hungarian shoppers flock to Slovakia to save money
According to a recent investigation by Mfor.hu, shoppers from Hungary…
Read more >Frost hits Hungarian orchards – season starts with price hike and supply shortage
As May marks the last month of spring and the…
Read more >Food inflation in Turkey slowed slightly in April
In Turkey, annual inflation slowed to 37.86 percent, the lowest…
Read more >Related news
Drugstore price cuts could come from mid-May: prices may be reduced in 30 product categories
The Hungarian government is planning to introduce a new markup…
Read more >KSH: retail turnover exceeded the same period of the previous year by 0.4 percent, decreased by 0.5 percent compared to the previous month
In March, the volume of retail sales in Hungary decreased…
Read more >NGM is satisfied with the increase in retail turnover Visszajelzés küldése Oldalsó panelek Előzmények Mentve Fordítási találatok állnak rendelkezésre
The March slowdown in retail sales is merely a temporary,…
Read more >