German Consumer prices in May 2012: +1.9% on May 2011

From destatis.de

In May 2012, consumer prices in Germany were up 1.9% on May 2011. The inflation rate – as measured by the consumer price index – thus has been below the two-percent mark in May 2012 for the first time this year. A lower value had last been determined for December 2010 (+1.7%). Compared with April 2012, the consumer price index decreased by 0.2% in May 2012. The Federal Statistical Office (Destatis) thus confirms its preliminary result for May 2012 released on 29 May 2012. In May 2012, the rate of inflation was markedly determined again by the development of energy prices (+4.9% on May 2011). Both household energy ... (full story)