German inflation falls to negative in June

Note: This section contains information in English only.
Source: ActionForex
The German CPI reading dropped 0.1% in June despite the economists' expectations of a 0.1% gain. Measured annually, the Consumer price index rose 0.3% in June, while failing to reach the forecast of a 0.5% gain, following a 0.7% rise in May. The annual indicator remained positive for the fifth consecutive month, after retreating in January to the level seen last time in July 2009.
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