Financial News: German Inflation Slows As Estimated

German Inflation Slows As Estimated

07/10/2026 - 05:05:00 (RTTNews)

(RTTNews) - Germany's inflation slowed to a four-month low in June, as initially estimated, final data from Destatis showed Friday.

Consumer price inflation came in at 2.3 percent in June, slower than May's 2.6 percent. This was the lowest rate since February and matched the estimate published on June 30.

Similarly, EU harmonized inflation weakened to 2.4 percent, in line with estimate, from 2.7 percent a month ago.

"Energy prices continued to increase at an above-average rate as a result of the Iran war and therefore remained a key driver of inflation," Destatis President Ruth Brand said.

"However, the rise in energy product prices was less pronounced than in the previous month, which had a dampening effect on the rate of inflation," Brand added.

Core inflation that excludes prices of food and energy held steady at 2.5 percent in June.

On a monthly basis, consumer prices dropped 0.3 percent in June after falling 0.2 percent in May. The harmonized index of consumer prices slid 0.2 percent following a 0.1 percent fall. Both rates came in line with estimates.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Italy Industrial Production Shrinks 0.3% (01 hr(s), 02 min(s), 52 sec(s) ago)
(RTTNews) - Italy's industrial production declined for the first time in four months in May, t ...Full Story»

German Inflation Slows As Estimated (01 hr(s), 03 min(s), 52 sec(s) ago)
(RTTNews) - Germany's inflation slowed to a four-month low in June, as initially estimated, fi ...Full Story»

Norway Inflation Eases To 2.7% In June (01 hr(s), 35 min(s), 52 sec(s) ago)
(RTTNews) - Norway's consumer price inflation eased unexpectedly to a four-month low in June, ...Full Story»

Estonia Trade Gap Narrows In May (02 hr(s), 32 min(s), 52 sec(s) ago)
(RTTNews) - Estonia's foreign trade deficit decreased in May from a year ago as exports grew f ...Full Story»

Japan Producer Price Data Due On Friday (52 min(s), 08 sec(s) ago)
(RTTNews) - Japan will on Friday release June figures for producer prices, highlighting a very lig ...Full Story»

Thirty-Year Bond Auction Attracts Slightly Above Average Demand (18 min(s), 08 sec(s) ago)
(RTTNews) - Finishing off this week's series of announcements of the results of its long-term ...Full Story»

U.S. Existing Home Sales Unexpectedly Pull Back Sharply In June (23 min(s), 08 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. unexpectedly pulled back sharply in the month of June, ...Full Story»

Denmark Trade Surplus Shrinks In May (08 min(s), 08 sec(s) ago)
(RTTNews) - Denmark's foreign trade surplus decreased in May as imports grew faster than expor ...Full Story»