Germany: Inflation rises in September
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. The result came in above August’s flat reading.
Inflation increased from 0.4% in August to 0.7% in September, reaching the highest level in 16 months.
Harmonized consumer prices in September were flat over the previous month, while they had fallen 0.1% in August. HICP inflation inched up from 0.3% in August to 0.5% in September. Meanwhile, average HICP inflation inched up from 0.1% in August to 0.2% in September.