German CPI gains speed up in JanuaryStaff Writer | January 30, 2017
Consumer prices increases in Germany increased at the start of 2017 amid a rising cost of energy.
Business in Germany Energy price increases sped up
Energy price increases sped up from 2.5% to 5.8%, while the cost of food saw the rate of gains jump to 3.2%.
In parallel, services inflation slowed from 1.5% to 1.2% while inflation in rents rose from 1.5% to 1.6%. ■