German inflation softens unexpectedly in May
Preliminary German data showed inflation easing more than forecast in May. The slowdown was driven mainly by slower energy price growth.
Topic cluster
declining
1 source grouped by AFBytes in Economy
AFBytes briefing
Lower German inflation can influence European Central Bank policy and indirectly affect U.S. interest rate expectations.
What to watch next
- Watch the next European Central Bank policy meeting for any shift in rate outlook.