German CPI grew by 1.9% in May

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Source: Forexfactory
German CPI gained 1.9% last month, falling below 2% for the first time in 2012, reported the Federal Statistics Office. The data is in line with preliminary result released on May 29. The highest annualized increase faced food prices that grew by 2.4% while marked price decline was recoded for financial services that posted 16.3% price decrease in May.


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Wed, 13 Jun 2012 11:28:41 GMT

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