In May, the annual inflation rate in Germany was determined at 2.1 percent.
German Federal Statistics Office (Destatis) announced May inflation pioneering data in May.
According to data, annual inflation, which is 2.1 percent in Germany in Germany, has not changed in May. Inflation in the country increased by 0.1 percent on a monthly basis.
The market expectation was that annual inflation in Germany was 2 percent in May and 0.1 percent on a monthly basis.
The European Union (EU) compatible consumer price index (CPI) was 0.2 percent in May compared to the previous month and 2.1 percent on an annual basis.
Food prices increased by 2.8 percent in May, while energy products decreased by 4.6 percent. Service inflation was determined at the level of 3.4 percent in May.
Inflation except energy and food was 2.8 percent in May.
The European Central Bank (ECB) aims to 2 percent inflation in the medium term.
