WOVOW - Technology News and Gadgets Reviews
No Result
View All Result
  • Coupons
  • Promotions
  • Our reviews
  • Reviews
  • Leaks
  • Phones
  • Wearable
  • Hi-tech
    • Tablets
    • Projectors
    • TVs
    • Notebooks
    • Cameras
    • Drones
  • Support Us
  • Coupons
  • Promotions
  • Our reviews
  • Reviews
  • Leaks
  • Phones
  • Wearable
  • Hi-tech
    • Tablets
    • Projectors
    • TVs
    • Notebooks
    • Cameras
    • Drones
  • Support Us
No Result
View All Result
WOVOW - Technology News and Gadgets Reviews
No Result
View All Result
Home Economics

Inflation in Germany in May fell to a record in 4 years

by Daniel Brown
2014/06/14
in Economics, HOME
Reading Time: 1 min read
0
0
SHARES
61
VIEWS
Share on FacebookShare on Twitter

Inflation in Germany, calculated according to EU standards, rose last month by 0.6% in terms of annual growth. This is a minimal increase in consumer prices for 4 years (since February 2014), confirmed by the data of the Federal Statistical Office of the country (Destatis).

On a monthly basis, prices fell by 0.3%. Dynamics of both measures to meet the expectations of economists surveyed by Bloomberg.

Inflation, harmonized with German standards, increased in May by 0.9% compared with the same month in 2013 and fell by 0.1% on a monthly basis, in line with analysts’ forecasts.

In Germany, food prices fell by 0.4% compared with May, the cost of alcohol and tobacco products increased by 0.1%, clothing and footwear fell 1.3%.

Electricity gone up in May by 0.1%, the cost of gas has not changed. European Commission forecasts that consumer price inflation in Germany in the current year will be 1.1% and accelerate to 1.4% next year.

Bundesbank lowered its forecast for inflation in Germany this year amid European regulators struggle with the risk of deflation in the region.

German central bank has lowered its forecast for 2014 growth in the level of consumer prices up 1.1% against the expected 1.3% in December. At the same time the German Central Bank raised its forecast for GDP growth to 1.9% from 1.7%.

Recall, after a meeting of the European Central Bank (ECB) lowered its benchmark interest rate on loans for 10 b. n (0.25%) to 0.15%, setting a new record, according to a press release from the regulator

Tags: consumerfellGermanyinflationInflation in Germanyprices
ShareTweetPin

Related Posts

Named the starting date of the sales iPhone 6s in Germany
Hi-tech

Named the starting date of the sales iPhone 6s in Germany

2015/08/18
Six most interesting Christmas markets in Germany
HOME

Six most interesting Christmas markets in Germany

2014/12/13
Traveling by car in Germany. Travel Tips
HOME

Traveling by car in Germany. Travel Tips

2014/10/15

POPULAR THIS WEEK

What is Mi Pay and How to Remove App From Xiaomi Smartphone?

What is Mi Pay and How to Remove App From Xiaomi Smartphone?

2019/03/22
What Is GetApps On Xiaomi Smartphone? How Can You Download or Delete It?

What Is GetApps On Xiaomi Smartphone? How Can You Download or Delete It?

2020/06/21
Huawei Honor Pro WS851 First REVIEW: Dual Band Wi-Fi Router 2019

Huawei Honor Pro WS851 First REVIEW: Dual Band Wi-Fi Router 2019

2019/05/06
BMAX series of mini PCs: B1, B2 Plus, B3 Plus and B4 Pro

BMAX series of mini PCs: B1, B2 Plus, B3 Plus and B4 Pro

2020/01/23
  • Home
  • Sitemap
  • Contact
  • About us

©2020 WOVOW.org | All rights reserved.

No Result
View All Result
  • Coupons
  • Promotions
  • Our reviews
  • Reviews
  • Leaks
  • Phones
  • Wearable
  • Hi-tech
    • Tablets
    • Projectors
    • TVs
    • Notebooks
    • Cameras
    • Drones
  • Support Us

© WOVOW.org | All rights reserved.