Thursday, April 30, 2015

Annual inflation in Germany up 0.4% in April – Yahoo Finance Spain

Wiesbaden (Germany), 29 (EUROPA PRESS)

The inflation in Germany rose one tenth in April compared with the March figure to 0.4%, allowing you to mark its highest level since November (+ 0.6%), according to the advance figure for German statistics office Destatis.

This slight increase annual inflation, keeping it far from the 2% target set by the European Central Bank (ECB), occurs after the Consumer Price Index (CPI) for Germany down a tenth from the previous month.

In particular, prices of energy goods fell 5.9% in April over the same month of 2014, after falling 5.7% in March, while food prices rose 1.1%, in contrast to the fall of one tenth of the previous month.

Meanwhile, the drop in prices of goods decreased from -0.8% in March to -0 , 6% in April, while services inflation slowed in the fourth month of the year to 1.1%, after 1.2% in March.

The Consumer Price Index (IPC) harmonized, used for the production of European statistics, collects a drop in prices for tenth in April compared with March, while the annual rate stood at 0.3%

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