German inflation confirmed at 2.7% y/y in May
Tweet
Share
E-mail
A person sits outside a coffee shop as cyclists and cars make their way on Scheunenviertel quarter in Berlin, Germany, November 15, 2024. REUTERS/Lisi Niesner
FRANKFURT, June 12 (Reuters) - German inflation eased slightly to 2.7% in May, the federal statistics office said on Friday, confirming preliminary data.
Inflation, or the gain in consumer prices harmonised to compare with other European Union countries, stood at 2.9% year-on-year in April.
(Reporting by Ludwig Burger, editing by Thomas Seythal)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- More than 500 feared dead after boats sink off Myanmar coast, UN says
- Asian shares slump on chipmaker drag, bonds cheer cooler inflation
- Hyundai Motor Group to make Boston Dynamics wholly owned with purchase of SoftBank stake
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
