Germany: Inflation edges up in October
October 29, 2015
Consumer prices in October were unchanged over the previous month, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 October. The result came in above September’s 0.2% decrease.
Inflation came in at 0.3% in October, coming in above September’s flat reading and marking the highest print in four months. Meanwhile, annual average inflation inched down from September’s 0.3% to 0.2% in October.
Harmonized inflation recorded 0.2% in October (September: -0.2% year-on-year). Annual average HICP inflation was 0.1% in October, which was slightly down from September’s 0.2%.