Bulletin
Investor Alert

July 14, 2020, 2:18 a.m. EDT

German consumer prices rise in line with forecasts

By Maria Martinez

German consumer prices rose in June, driven by a rise in food and drinks prices and confirming preliminary data, German statistics agency Destatis said Tuesday.

Consumer prices in June rose 0.6% month-on-month measured by national standards and 0.7% by EU-harmonized standards, Destatis said. Both increases were in line with the forecasts of economists polled by Dow Jones Newswires.

Consumer prices were up 0.9% year-on-year by national standards and 0.8% on year by EU-harmonized standards. Both increases were also in line with the forecasts of economists polled by Dow Jones Newswires.

Write to Maria Martinez at maria.martinez@wsj.com

Link to MarketWatch's Slice.