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German Inflation Eases as Oil’s Retreat Tames Prices in Europe

German Inflation Eases as Oil’s Retreat Tames Prices in Europe
Bloomberg Markets Tuesday 30 June 2026, 12:07 UTC By Nick Heubeck 1 min read
Key Points

Inflation & Prices German Inflation Eases as Oil’s Retreat Tames Prices in Europe German inflation cooled more than expected in June, part of a slowdown across most of the region brought on by the drop in global oil prices. The reading for Europe’s biggest economy fell to 2.4% from 2.7% in May, the statistics office said Tuesday. Analysts surveyed by Bloomberg had seen a decrease to 2.5%.

Inflation & Prices German Inflation Eases as Oil’s Retreat Tames Prices in Europe German inflation cooled more than expected in June, part of a slowdown across most of the region brought on by the drop in global oil prices. The reading for Europe’s biggest economy fell to 2.4% from 2.7% in May, the statistics office said Tuesday. Analysts surveyed by Bloomberg had seen a decrease to 2.5%.
German (ORG) Europe German (ORG) Europe (LOCATION) Bloomberg (ORG)
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