Preliminary data show Germany’s consumer price index (CPI) for June rose 2.3% year‑on‑year, below the 2.6% forecast and the same increase reported in May. Monthly, the CPI climbed 0.3%, slightly above the 0% forecast but below the 0.2% rise seen in May. The figures suggest a modest slowdown in inflation.
The data are released by Germany’s statistical office and are closely watched by the European Central Bank for monetary policy decisions.