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NEWS

German inflation rate decreases

Berlin, Jun 30 (Prensa Latina) The Federal Statistical Office preliminarily reported that Germany's inflation rate decreased 0.1 percentage points to two percent in June.

Such figure represents a drop of 0.1 percentage points equal to 2.1 recorded in May.

Consumer prices stabilized in Germany in the most recent years after inflation reached 8.8 percent at the end of 2022 in the wake of the outbreak of the war in Ukraine.

The current figure is the lowest since October 2024 and is in tune with the European Central Bank’s (ECB) two percent target for the eurozone.

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