Germany: the annual inflation of the CPI is 2% in June

  • Annual inflation in Germany decreased to 2% in June from 2.1% in May.
  • The EUR/USD remains in the daily range slightly above 1,1700.

The Inflation in Germany, measured by the variation of the consumer price index (CPI), dropped to 2% in June From 2.1% in May, as showed the preliminary estimate of Destatats on Monday.

In monthly terms, the CPI remained unchanged, compared to the market expectation of a 0.2%increase.

The harmonized consumer price index in Germany, the preferred inflation indicator of the European Central Bankdecreased to 2% in interannual terms after raising 2.1% in May. This figure was below the estimation of analysts of 2.2%.

Market reaction

These figures do not seem to have a remarkable impact on the assessment of the euro. At the time of publication, EUR/USD operated practically without changes in the day at 1,1715.

Economic indicator

Harmonized consumer price index (annual)

The harmonized consumer prices index (IPCA), published monthly by the German Statistics Office DESTIATESIt is an inflation index based on a statistical methodology that has been harmonized in all Member States of the European Union (EU) to facilitate comparisons. The interannual reading compares the prices of the reference month with those of the previous year. In general, a high reading is bullish for the euro (EUR), while a low reading is bassist.


Read more.

Last publication:
Lun Jun 30, 2025 12:00 (PREL)

Frequency:
Monthly

Current:
2%

Dear:
2.2%

Previous:
2.1%

Fountain:

Federal Statistics Office of Germany

Source: Fx Street

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