German CPI down 0.6% in January, as expected

Noticias del mercado

14 febrero 2017

German CPI down 0.6% in January, as expected

Consumer prices in Germany rose by 1.9% in January 2017 compared with January 2016. The inflation rate as measured by the consumer price index continued to increase at the beginning of the year. In December 2016, it had already been +1.7%. An inflation rate of +1.9% was last recorded in July 2013. Compared with December 2016, the consumer price index fell by 0.6% in January 2017. The Federal Statistical Office (Destatis) thus confirms its provisional overall results of 30 January 2017.

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The German economy continued its moderate growth at the end of 2016

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