Germany Consumer Prices in May Rose in Line With Forecasts

German consumer prices rose in May, confirming preliminary data, the German statistics office Destatis said Tuesday.

Consumer prices rose 2.5% on year measured by national standards, in line with the forecasts of economists polled by The Wall Street Journal. Prices rose 2.4% on year by European Union-harmonized standards, also in line with forecasts.

Consumer prices rose 0.5% on month by national standards and 0.3% by EU-harmonized standards, both as forecast.

The coronavirus pandemic and its related restrictions caused pricing collection problems again in May as some products weren't available in the market, Destatis said.

Write to Maria Martinez at

  (END) Dow Jones Newswires
  06-15-21 0219ET
  Copyright (c) 2021 Dow Jones & Company, Inc.

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