By Maria Martinez
German consumer prices rose in June, confirming preliminary data, the German statistics office Destatis said Tuesday.
Consumer prices rose 2.3% on year measured by national standards, in line with the forecasts of economists polled by The Wall Street Journal. Prices rose 2.1% on year by European Union-harmonized standards, also in line with forecasts.
Consumer prices rose 0.4% on month by both national standards and EU-harmonized standards, both as forecast.
The price collection problems caused by the pandemic in prior months were less severe in June as shop-based retail businesses and food service and accommodation establishments were largely reopened or could offer their services again, Destatis said.
Write to Maria Martinez at maria.martinez@wsj.com
(END) Dow Jones Newswires
07-13-21 0224ET