Germany: Annual CPI rises 1% in June

FXStreet (Łódź) - According to data released today by Destatis, German annual inflation rose 1% in June, following 0.9% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis German CPI increased 0.3% in June, after sliding 0.1% in May, as expected.

Year-over-year German HICP rose 1.0% in June, up from +0.6% in May. On a monthly basis HICP grew 0.4% in June, following a 0.3% fall in May.