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30 June 2025 19:40  |

German Inflation Unexpectedly Falls to 2% in June, Hitting ECB’s Target

Germany’s annual inflation rate unexpectedly eased to 2% in June, bringing Europe’s largest economy in line with the European Central Bank’s target, preliminary data from statistics office Destatis showed Monday.

Analysts polled by Reuters had expected a reading of 2.2% in the twelve months to June.

The German print is harmonized across the euro zone, allowing for a direct comparison with other single currency states.

The consumer price index had eased to 2.1% in the year to May.

Source : CNBC

 

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