Germany's June CPI Confirms 2.3% Year-over-Year Rise, Down 0.3% Monthly

According to Germany's Federal Statistical Office (FSO), Germany's June consumer price index (CPI) came in at 2.3% year-over-year on July 10, matching preliminary estimates. The monthly reading declined 0.3% from May, while core CPI—excluding food and energy—rose 2.5%. The FSO attributed persistent price pressures to elevated energy costs, though the pace of increase moderated compared to the previous month.
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