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German Consumer prices in April 2013: +1.2% on April 2012

From destatis.de

Consumer prices in Germany rose by 1.2% in April 2013 compared with April 2012. The inflation rate as measured by the consumer price index thus continued its downward trend (March 2013: +1.4%). A lower rate of price increase was last measured in August 2010 (+1.0%). Compared with March 2013, the consumer price index decreased by 0.5% in April 2013. The Federal Statistical Office (Destatis) thus confirms its provisional results of 29 April 2013. Since the beginning of the year, the price development for mineral oil products has had a downward effect on the overall inflation rate. In April 2013, the relevant prices ... (full story)

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