Prices in Germany will rise slightly

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Inflation

Prices in Germany will rise slightly

The Inflation in Germany at the beginning of something gained. However, it is still a far cry from the almost two percent, the European Central Bank is aiming for.

Consumer prices in Germany in January compared to the same month last year, an average of 0.5 percent, said the Federal Statistical office on Thursday on the Basis of preliminary calculations.

Inflation is thus so strong as since may 2015 not more. In December she was still at 0.3 percent.

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Despite the cash flow of the ECB, prices are rising in the Euro-Zone hardly. They were in December, according to a first estimate by the European statistics service is 0.2 per cent above the level of the previous month. (05.01.2016)

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Reason for the development was that the energy in January is less heavily discounted than in the past few months. So the prices dropped by including household energy and for the Refueling to the previous year by 5.8 percent, following a decline of 6.5 percent in December. Rose on the other hand, the prices for food (+0.9 percent) and services (+1.2 percent).

Winter sale

In the short-term compared to the previous month of December, the cost of living in January even slightly by 0.8 per cent. This is partly due to the fact that package holidays and clothes after Christmas is much cheaper to be offered.

Details wants to the German statistical office on 12. February publish. The first calculations for the Inflation in the Euro area published by the European statistical office on Friday (29.01.2016).

bea/ul (reuters, dpa, afp)