Germany’s inflation falls to 2.4% in June, second estimate confirms

Published:

Germany’s inflation falls to 2.4% in June, second estimate confirms
Photo: Michael Probst AP/TT

The outcome is therefore in line with preliminary figures from the German statistics agency Destatis from the end of June.

Compared with the previous month, German consumer prices fell by 0.3 percent in June.

Price developments in the eurozone's largest economy are important data for decision-making by the European Central Bank (ECB), whose next interest rate decision is expected on Thursday, July 23. The ECB's key interest rate affects the scope for the Swedish Central Bank's monetary policy and can thus also affect interest rates for Swedish households and companies.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...