In January, consumer prices dropped 0.4% over the previous month according to a preliminary flash estimate released by the Federal Statistics Institute (Destatis). The monthly reading contrasted the 0.7% increase observed in December and marked the first monthly drop in one year. The January result was virtually in line with market expectations that had inflation declining 0.5%. As a result of the monthly drop, annual inflation edged down from 2.1% in December to 2.0% in January. According to the Institute, annual inflation in January was driven by higher prices for household energy and motor fuels. At the current level, inflation sits just a notch above the European Central Bank's inflation target of ?below but close to 2%.? A complete and more detailed inflation data set will be published on 10 February. The Bundesbank expects inflation to average 1.8% this year, before moderating to 1.5% in 2013.
Inflation edges down in January
January 30, 2012
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Germany Economic News
October 10, 2016
The seasonally- and calendar-adjusted trade surplus increased from EUR 19.4 billion in July to EUR 22.2 billion in August, driven up by recovering exports.
October 7, 2016
In August, industrial production rose 2.5% from the previous month in seasonally-adjusted terms, in contrast to July’s large 1.6% drop, which had been the lowest reading in nearly two years.
September 29, 2016
Consumer prices in September rose 0.1% in a month-on-month comparison, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 September.
September 28, 2016
Heading into October, the mood among German consumers weakened slightly but still stayed at a high level.
September 26, 2016
German businesses turned much more optimistic in September.