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Consumer prices in July 2019: +1,7% on July 2018

From destatis.de

Consumer prices in Germany were up 1.7% in July 2019 compared with July 2018. The Federal Statistical Office (Destatis) also reports that the inflation rate − as measured by the consumer price index (CPI) – was slightly up (June 2019: +1.6%). Compared with June 2019, the consumer price index rose by 0.5% in July 2019. Energy product prices increased above average by 2.4% from July 2018 to July 2019 (June 2019: +2.5%) and had an upward effect on the inflation rate, as had been the case in the previous month. The prices of district heating (+4.8%), natural gas (+4.4%) and electricity (+3.8%) were markedly higher than a ... (full story)

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  • Category: Low Impact Breaking News