Germany slips into deflation in April

Source: WBP Online
© Reuters
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.
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