Germany: Inflation remains stable in September
October 15, 2014
The consumer price index was unchanged over the previous month in September, according to more detailed data released by the Federal Statistics Office (Destatis) on 15 October that confirmed the figures of the previous flash estimate. The reading mirrored August’s result and met market expectations.
Annual headline inflation remained stable in September at August’s 0.9%. Annual average inflation inched down from August’s 1.2% rise to a 1.1% increase, which represented a 45-month low.
Meanwhile, annual HICP inflation (based on the harmonized index of consumer prices) matched August’s result and came in at 0.8% in September. Annual average HICP inflation edged down from 1.1% in August to 1.0% in September.