German Inflation Rate At Nearly 5-Year Low

German annual inflation rate is expected to ease to 0.6 percent in November of 2014, from 0.8 percent in the previous three months. It is the lowest rate since February 2010.

Prices of services are expected to slow to 1.4 percent from 1.7 percent in October.  Food cost is estimated to be flat, after a 0.7 percent  rise in the previous month. Energy prices are likely to decline 2.5 percent as compared to 2.3 percent drop in October. 

On a monthly basis, consumer prices are estimated to be flat. 

The harmonized consumer price index is expected to increase by 0.5 percent in November 2014 on November 2013. Compared with October 2014, it is expected to remain unchanged.

With inflation likely to remain far below 2 percent target in Germany, the European Central Bank may consider more policy support.

German Inflation Rate At Nearly 5-Year Low

Destatis | Joana Taborda |
11/27/2014 3:06:24 PM