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German Inflation Steady At 2.0%

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

Germany's consumer price inflation remained stable in July after easing marginally in the previous month, flash estimates from Destatis revealed on Thursday.

Consumer price inflation came in at 2.0 percent in July, the same as in June. Meanwhile, economists had expected inflation to ease to 1.9 percent.

Further, inflation continued to remain in line with the European Central Bank's target.

Core inflation, which excludes prices of food and energy, also held steady at 2.7 percent in July.

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