Germany: Inflation records flat reading in September
September 29, 2015
Consumer prices in September fell 0.2% over the previous month, according to preliminary data released by the Federal Statistics Office (Destatis) on 29 September. The result came in below August’s flat reading.
Inflation was flat in September, coming in below August’s 0.2% and marking the lowest print in eight months. Meanwhile, annual average inflation inched down from August’s 0.4% to 0.3% in September.
Harmonized consumer prices dropped from August’s flat annual reading to a 0.3% decrease in September, which represented the lowest result in eight months. Annual average HICP inflation came in at 0.2% in September, which was slightly down from August’s 0.3%.