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Germany Inflation April 2018

Germany: Inflation remains stable in April

The consumer price index was unchanged in April from the previous month, contrasting the March’s 0.4% month-on-month increase in prices, data released by the Federal Statistics Office (Destatis) on 16 May showed. Higher prices for energy and tobacco were offset by lower prices for consumer goods and dental services.

Inflation was stable at the prior month’s reading of 1.6% in April, while annual average inflation was also stable at the print seen in the previous month (1.6%).

Lastly, harmonized inflation (HICP) edged down from 1.5% in March to 1.4% in April, slightly undershooting market expectations, while annual average HICP inched down from 1.6% in March to 1.5% in April.

Germany Inflation Forecast

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