LOGO
LOGO

European Economic News

German Inflation Lowest Since 2009

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Germany's consumer price inflation reached its lowest level since 2009, data from Destatis revealed Tuesday.

Inflation eased to 0.3 percent in 2015 from 0.9 percent in 2014. The year-on-year rate of price increase has been declining since 2011, Destatis said.

Such a low inflation was last recorded in 2009, when the rate was 0.3 percent. The slowdown was largely driven by a sharp 7 percent decrease in energy product prices.

At the same time, the harmonized index of consumer prices gained 0.1 percent in 2015 from last year.

The statistical office confirmed the preliminary figures for both consumer and harmonized consumer prices.

In December, consumer price inflation came in at 0.3 percent versus 0.4 percent in November. Month-on-month, consumer prices slid 0.1 percent.

Both monthly and annual figures matched preliminary estimate published on January 4.

The HICP climbed 0.2 percent annually in December, in line with flash estimate. On a monthly basis, the index remained unchanged as estimated.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.