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German May inflation hits zero, lowest in 22 years

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.


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