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German consumer prices eased year-on-year in September on fall in energy product prices

German consumer prices came in at 1.2 percent yearon-year in September. According to the Federal Statistical Office, the inflation rate as measured by the consumer price index decreased again, with the prior months print at 1.4 percent. On a sequential basis, the consumer prices stayed the same in September. Energy product prices dropped 1.1 percent yearon-year and had a downward effect on the overall price development. The rate of energy price rise had been 0.6 percent in August. In September 2019, year-on-year price rises were recorded especially for district heating…

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German consumer prices eased year-on-year in September on fall in energy product prices

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