German Inflation Rate Edges Up in April

Consumer prices in Germany are expected to increase for the third straight month by 0.4 percent year-on-year in April, following a 0.3 percent rise in the previous month. Figures came in line with market expectations as food and energy prices decreased at a slower pace.

According to preliminary estimates, energy prices are likely to fall 5.7 percent, compared to a 7.3 percent drop in March. Food cost is estimated to decline 0.1 percent after decreasing by 0.4 percent in the previous month. In addition, prices of services are expected to slow slightly to 1.2 percent (1.4 percent in March). 

On a monthly basis, consumer prices are estimated to fall 0.1 percent, following a 0.5 percent increase in March. 

The harmonized consumer price index is expected to be up 0.3 percent on the same month a year earlier. Compared with March 2015, it is expected to be down by 0.1 percent.

German Inflation Rate Edges Up in April

Destatis | Joana Taborda |
4/29/2015 1:10:51 PM