Fri, 13 May 2016 07:21:11 GMT
Germany slips into deflation in April
Destatis published latest CPI report on Friday, indicating at deflation in Germany on year-to-year basis for the past month. Consumer prices decreased 0.1% in April, but 0.1% increase was forecasted by surveyed Analysts, and previously in March CPI rose by 0.3%. Germany has not had deflation since January 2015.