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13 May 2015
German CPI rose 0.5% year-on-year in April
FXStreet (Mumbai) - As per the data released by the German Federal Statistical Office (Destatis), the inflation measured by the consumer price index (CPI) rose by 0.5% in April 2015 compared with April 2014, beating the estimate of a 0.4% rise.
Mineral oil products (–11.1%, of which heating oil: –20.1%; motor fuels: –8.1%) continued to have a downward effect on overall inflation in April 2015. The energy prices (total) were down 5.9% on a year earlier. Excluding energy prices, the inflation rate in April 2015 would have been +1.2%.
Month-on-month, the CPI remained unchanged, beating the estimate of a 0.1% decline.
Mineral oil products (–11.1%, of which heating oil: –20.1%; motor fuels: –8.1%) continued to have a downward effect on overall inflation in April 2015. The energy prices (total) were down 5.9% on a year earlier. Excluding energy prices, the inflation rate in April 2015 would have been +1.2%.
Month-on-month, the CPI remained unchanged, beating the estimate of a 0.1% decline.