Bloomberg News

German Harmonized Inflation Remained at 2.3 Percent in January

February 01, 2012

Feb. 1 (Bloomberg) -- German inflation remained unchanged in January after easing in the previous two months.

The inflation rate, calculated using a harmonized European Union method, held at 2.3 percent, the Federal Statistics Office said. Economists forecast an increase of 2.4 percent from a year ago, according to the median of 23 estimates in a Bloomberg News survey. Prices fell 0.5 percent from December.

The office had delayed publication of harmonized data, citing new EU standards. Non-harmonized inflation eased to 2 percent from 2.1 percent in December, it said on Jan. 30.

--With assistance from Kristian Siedenburg in Budapest. Editor: Simone Meier

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net -0- Feb/01/2012 07:00 GMT


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