Thursday, October 12, 2006

German Sept final CPI down 0.4 pct vs August, up 1.0 pct yr-on-yr

Consumer prices in Germany were 0.4 pct lower in September than August but were up 1.0 pct from a year earlier, according to final figures from the Federal Statistics office, confirming the preliminary figures published last month. The monthly fall was slightly more than the 0.2 pct forecast by economists polled by AFX News. Economists had forecast the year-on-year CPI inflation rate at 1.2 pct. The statistics office said the monthly change was the smallest since February 2004.

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