Thursday, January 29, 2015

Consumers: Consumer prices in Germany fall for the first time since 2009 – evening paper Munich

Consumers: Consumer prices in Germany fall for the first time since 2009 – evening paper Munich

Wiesbaden – Consumers in Germany can refuel as low and do not heat as long. Because of the falling energy costs, consumer prices have declined overall in January – the first time since the severe economic crisis 2009: The annual inflation rate was minus 0.3 percent, the Federal Statistics Office in Wiesbaden reported in the first estimate. Economists had expected a price decline of only 0.1 percent. Finally, the annual rate of inflation was negative in September 2009 with minus 0.2 percent. However, the German economy was then broken into.

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