Inflation down in five German states, pointing to national decline

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Inflation down in five German states, pointing to national decline

BERLIN - Inflation fell in five important German states in June, preliminary data showed on Monday, suggesting that national inflation could decline this month.

The inflation rate in North Rhine-Westphalia, Germany's most populous state, fell to 2.2% in June from 2.5% in May.Economists polled by Reuters forecast Germany's harmonised inflation rate at 2.6% in June, down from 2.8% in May. Euro zone inflation is expected at 2.5% in June, down from 2.6% in the previous month, according to economists polled by Reuters.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

 

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