Financial News: German Inflation Eases To 2.0%

German Inflation Eases To 2.0%

06/30/2025 - 09:58:00 (RTTNews)

(RTTNews) - Germany's consumer price inflation moderated unexpectedly in June to the lowest level in eight months, flash estimates from Destatis revealed on Monday.

Consumer price inflation slowed to 2.0 percent in June from May's stable rate of 2.1 percent. Meanwhile, economists had expected inflation to rise to 2.2 percent. A similar increase was last seen in October 2024.

Further, inflation has now come in line with the European Central Bank's target.

Core inflation, which excludes prices of food and energy, softened marginally to 2.7 percent in June from 2.8 percent a month ago.

Data showed that services costs registered a slower growth of 3.3 percent after a 3.4 percent rise. Similarly, the increase in goods costs eased to 0.8 percent from 0.9 percent.

Month-on-month, the consumer price index remained flat in June, following a 0.1 percent rise in May. Prices were expected to rise by 0.2 percent.

Inflation based on the harmonized index of consumer prices also slowed to 2.0 percent from 2.1 percent. Monthly, the HICP edged up 0.1 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Chicago Business Barometer Unexpectedly Edges Slightly Lower In June (06 hr(s), 02 min(s), 33 sec(s) ago)
(RTTNews) - A report released by MNI Indicators on Monday showed a slight decrease by its reading ...Full Story»

German Inflation Eases To 2.0% (06 hr(s), 06 min(s), 33 sec(s) ago)
(RTTNews) - Germany's consumer price inflation moderated unexpectedly in June to the lowest le ...Full Story»

Slovenia Inflation Climbs To 2.2% (07 hr(s), 0 min(s),33 sec(s) ago)
(RTTNews) - Slovenia's consumer price inflation accelerated in June after easing in the previo ...Full Story»

Poland Inflation Rises To 4.1% (07 hr(s), 29 min(s), 33 sec(s) ago)
(RTTNews) - Poland's consumer price inflation increased slightly in June after easing in the p ...Full Story»

Portugal Inflation Rises Slightly In June (07 hr(s), 40 min(s), 33 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation increased slightly in June, preliminary data f ...Full Story»

UK Mortgage Approvals Rise For First Time This Year (07 hr(s), 47 min(s), 33 sec(s) ago)
(RTTNews) - UK mortgage approvals increased for the first time so far this year in May, suggesting ...Full Story»

Eurozone Household Lending Grows Most In 2 Years (08 hr(s), 42 min(s), 33 sec(s) ago)
(RTTNews) - Lending to euro area households grew the most in two years in May and overall private ...Full Story»

India Industrial Output Growth Eases To 1.2% (08 hr(s), 47 min(s), 33 sec(s) ago)
(RTTNews) - India's industrial production growth moderated further in May to the lowest level ...Full Story»