Home Economic Indicators Germany’s June Inflation Slows to 2.0%, Matching Preliminary Estimate

Germany’s June Inflation Slows to 2.0%, Matching Preliminary Estimate

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Germany’s inflation rate slowed to 2.0% in June, the federal statistics agency confirmed on Thursday.

Consumer prices, adjusted to align with EU-wide standards, had increased by 2.1% year-on-year in May.

The newly released data confirms the preliminary June estimates, indicating a modest decline in the inflation rate.