By Emese Bartha

FRANKFURT--German consumer prices rose faster than expected in June, reflecting an increase in services prices, data from the Federal Statistical Office showed Thursday.

Consumer prices rose 0.3% on month in June and 1.6% on year when measured according to national standards, Destatis said. This is a higher print than forecast by The Wall Street Journal's poll of economists, who expected a rise of 0.1% on month and 1.4% on year.

Destatis said services prices were up 2.0% on year in June, accelerating from 1.2% in May. Energy prices increased 2.2% on year, slowing down from 4.2%.

Destatis said prices climbed 0.1% on month and 1.3% on year when measured according to EU-harmonized standards. This HICP print was in line with the WSJ's survey.

Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

June 27, 2019 08:34 ET (12:34 GMT)

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