German inflation eases to 1.8% in July, confirming preliminary data

Investing.com -- German inflation slowed to 1.8% in July, down from 2.0% in June, the federal statistics office confirmed on Wednesday.

The final reading matched preliminary data previously released by the statistics office.

The figures represent German consumer prices harmonized to compare with other European Union countries.

The July inflation rate marks a continued moderation in price pressures across Europe’s largest economy, with the rate now falling below the European Central Bank’s 2% target.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.