Germany Consumer Prices in May Rose in Line With Forecasts
June 15 2021 - 02:20AM
Dow Jones News
By Maria Martinez
German consumer prices rose in May, confirming preliminary data,
the German statistics office Destatis said Tuesday.
Consumer prices rose 2.5% on year measured by national
standards, in line with the forecasts of economists polled by The
Wall Street Journal. Prices rose 2.4% on year by European
Union-harmonized standards, also in line with forecasts.
Consumer prices rose 0.5% on month by national standards and
0.3% by EU-harmonized standards, both as forecast.
The coronavirus pandemic and its related restrictions caused
pricing collection problems again in May as some products weren't
available in the market, Destatis said.
Write to Maria Martinez at maria.martinez@wsj.com
(END) Dow Jones Newswires
June 15, 2021 02:19 ET (06:19 GMT)
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