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.
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