Germany's inflation eases to 2.3% in June as oil prices fall

NAMPA / DPA

2026-06-30

Frankfurt (dpa) - Germany's inflation slowed to 2.3% year-on-year in June as oil prices fell, preliminary data from the Federal Statistical Office showed on Tuesday. In May, consumer prices had risen 2.6% year-on-year, after a 2.9% increase in April - the highest rate since January 2024. Filling up with petrol, in particular, had become significantly more expensive after the oil price shock caused by the war in Iran. In June, household energy an......

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