Consumer prices in Germany, calculated according to national standards, increased in May by 2.2% in annual terms after an increase of 1.6% a month earlier, according to preliminary data from the Federal Statistical Office of Destatis. In May, the indicator grew at the fastest pace since February 2017. Experts had expected annual inflation at 1.9%. Compared to April, the price increase was 0.5%, and the analysts had predicted a growth of 0.3%. Food products rose in annual terms by 3.5%, services - by 1.6%, household energy - by 5.2%. The growth of consumer prices in Germany according to the standards of the European Union in May was 2.2% in annual terms and 0.6% compared with April.
Oil maintains momentum as virus concerns may lead to deeper output cuts11.02.2020
China’s inflation rate rises following Lunar New Year and virus outbreak29.01.2020
Australia inflation climbs but remains below target15.01.2020
Oil inches down on concern that Sino-US trade pact may not stimulate demands