German final consumer price inflation declines 0.2% in September

Market news

13 October 2015

German final consumer price inflation declines 0.2% in September

Destatis released its final consumer price data for Germany on Tuesday. German final consumer price index declined 0.2% in September, in line with the preliminary estimate, after a flat reading in August.

On a yearly basis, German final consumer price index fell to 0.0% in September from 0.2% in August, in line with the preliminary estimate.

The decline was driven by falling energy prices, which dropped 9.3% year-on-year in September.

Food prices climbed 1.1% year-on-year in September.

German wholesale prices fall 0.6% in September

Fed Governor Lael Brainard: the Fed should delay its interest rate hike until it is clear that developments abroad do not have a negative effect on the recovery of the U.S. economy

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