Inflation down in five German states, pointing to national decline
Posted on AllSides July 1st, 2024
From The Center
BERLIN, July 1 (Reuters) - Inflation fell in five important German states in June, preliminary data showed on Monday, suggesting that national inflation could decline this month. In Saxony, the inflation rate fell in June to 2.8% from 3.1% in the previous month, in Brandenburg it fell to 2.6% from 2.9%, in Baden-Wuerttemberg it fell to 1.9% from 2.1%, and in Hesse it fell to 1.8% from 1.9%. The inflation rate in North Rhine-Westphalia, Germany's most populous state, fell to 2.2% in June from 2.5% in May. In Bavaria, the...