Bloomberg News

German Inflation Slowed in September on Food, Energy Prices

October 11, 2012

Germany’s inflation rate fell in September as food and energy price pressures eased.

Inflation, calculated using a harmonized European Union method, slowed to 2.1 percent from 2.2 percent in August, the Federal Statistics Office in Wiesbaden said today, confirming a Sept. 26 estimate. In the month, consumer prices were unchanged.

The European Central Bank forecasts that euro-area inflation will slow to below its 2 percent limit next year.

Germany’s non-harmonized inflation rate fell to 2 percent in September from 2.1 percent in August, the statistics office said.

To contact the reporter on this story: Stefan Riecher in Frankfurt at sriecher@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


China's Killer Profits
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus