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Inflation slows in Germany

Europe
14.02.2018
By our dpa-correspondent and Europe Online    auf Facebook posten  Auf Twitter posten  
Frankfurt (dpa) - Inflation has slowed in Germany as the new year got under way, falling to 1.6 per cent in January 2018, from 1.7 per cent in December and 1.8 per cent in November.

The figures confirmed previous preliminary estimates from the Federal Statistics Office (Destatis) and compared each month with the same month the previous year, it said on Wednesday.

Below average growth in energy prices, which rose 0.9 per cent in January 2018 compared to January 2017, held inflation down, but consumers did have to pay 3.1 per cent more for food over the same period. Rents before bills increased annually by 1.7 per cent in the month.

January 2018 inflation fell by 0.7 per cent compared to December 2017.

 

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