Germany: Annual CPI edges down to 2% (preliminary) in July vs. 2.1% expected

"The inflation rate in Germany as measured by the consumer price index is expected to be 2.0% in July 2018," Destatis announced on Monday.

Key takeaways from the official publication

• Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to increase by 0.3% on June 2018.
• In July 2018, the harmonised index of consumer prices for Germany, which is calculated for European purposes, is expected to increase by 2.1% year on year and 0.4% on June 2018.
• The final results for July 2018 will be released on 14 August 2018.