Business News
Zero inflation in Germany year on year, figures show
Oct 28, 2009, 16:08 GMT
Wiesbaden, Germany - Annual inflation in Germany stood at zero in October, preliminary results by the Federal Statistics Office showed Wednesday.
The October figure compared to a revised minus 0.3 per cent for September.
On a monthly basis, consumer prices climbed 0.1 per cent from September to October, mainly as a result of higher fuel prices, the statistics office said.
The statistics office calculated its figures based on data from six of Germany 16 federal states.
COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
