Watch VideoPlay Video
Germany's year-on-year inflation rate slipped to 0.9 percent this month. The drop in Europe's largest economy indicates that the euro's weakness isn't translating to pressure on consumer prices.
The annual inflation rate was down from 1.2 percent in May. The Federal Statistical Office estimated that consumer prices were up 0.1 percent on the month in June. Final inflation figures for the month are due on July 9th, but they rarely differ significantly from the preliminary estimate.
Analysts aren't expecting significant upward pressure on prices, nor a move into deflation in the coming months.
- Inflation not a concern for Malaysia 2010-06-29
- Macao's inflation rate still acceptable : economic chief 2010-06-23