Germany Consumer Prices in April Rose in Line With Forecasts
By Maria Martinez
German consumer prices rose in April, confirming preliminary
data, the German statistics office Destatis said Wednesday.
Consumer prices rose 2.0% on year, measured by national
standards, in line with the forecasts of economists polled by The
Wall Street Journal. Prices rose 2.1% on year by European
Union-harmonized standards, also in line with forecasts.
On month, consumer prices rose 0.7% by national standards and
0.5% by EU-harmonized standards, both as forecast.
The coronavirus pandemic and its related restrictions caused
pricing collection problems again in April as some products weren't
available in the market, Destatis said.
Write to Maria Martinez at email@example.com
(END) Dow Jones Newswires
May 12, 2021 02:21 ET (06:21 GMT)
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