By Maria Martinez 
 

Preliminary data shows German consumer prices declined in September for the third consecutive month, German statistics office Destatis said Tuesday.

Consumer prices fell 0.2% on month and on year measured by national standards. Economists polled by The Wall Street Journal had forecast that prices would remain flat by national standards both month-on-month and year-on-year.

Consumer prices fell 0.4% on month and on year in EU-harmonized standards, more than the 0.2% decline expected by economists polled by The Wall Street Journal.

The final results for September will be released on Oct. 13.

Write to Maria Martinez at maria.martinez@wsj.com

(END) Dow Jones Newswires

September 29, 2020 08:24 ET (12:24 GMT)