German May inflation hits zero, lowest in 22 years

Source: Agencies | June 10, 2009, Wednesday |

Online Edition

INFLATION in Germany, Europe's biggest economy, hit zero percent in May, the lowest level in 22 years, the Federal Statistical Office said today.

The Wiesbaden-based office said the consumer price index for May was unchanged from May a year ago, mainly due to a rise in energy and food prices in last year.

The inflation rate in April was 0.7 percent.

Energy prices were about 8 percent lower in May this year compared with last year, while food prices fell 1.2 percent.

Economy

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

German May inflation hits zero, lowest in 22 years

Email this to your friend