Latest News:  

English>>Business

German inflation slows in January

(Xinhua)

18:35, February 20, 2013

BERLIN, Jan. 20 (Xinhua) -- German's January consumer price index slowed to 1.7 percent from the 2.0 level recorded in the previous month , official data showed on Wednesday.

It was the lowest inflation rate since June 2012, when the rate of price increase also amounted to 1.7 percent, according to the Wiesbaden-based Destatis.

The inflation in January was influenced mainly by higher food and energy prices. Food prices rose 4.5 percent in January 2013 compared with January 2012, while energy prices went up 3.9 percent over the same period.

The harmonized index of consumer prices for Germany, calculated as European Central Bank's inflation yardstick, rose by 1.9 percent in January 2013 on January 2012, lower than the ECB's inflation maintenance level of 2.0 percent over the medium term. Compared with December 2012, the index fell by 0.7 percent.

We recommend:

New vehicles unveiled at Canadian Int'l Auto Show

Video: Facebook targeted by hackers

Sanya duty-free shops see surging sales

Juniper buries doubts on boom

3D printing reshapes manufacturing

Hongyanhe nuclear power station in NE China

Email|Print|Comments(Editor:GaoYinan、Yao Chun)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Special policemen in training

  2. Festive atmosphere on missile speedboat

  3. Pakistanis mourn for victims of deadly blast in Quetta

  4. Impressive moments of Beijing since 1950s

  5. Exploring top private clubs in China

  6. Employees punished to run half-naked

  7. Mo Yan's Our Jing Ke: Downfall by design

  8. Glamor Zhang Xinyi's street style

  9. Facebook targeted by hackers

  10. Online money transfers soared

Most Popular

Opinions

  1. How to build new type ties between big powers?
  2. Diplomacy to help China become global power
  3. Commentary: China sees Africa as true friend
  4. Mind your manners
  5. Football penalties 'too soft'
  6. Juvenile crime rules 'hard to follow'
  7. CCTV's Spring Festival Gala: Glory days gone
  8. Who cares for the village doctors?
  9. The weakening yen's impact on China
  10. Young climbers aim too high in China

What’s happening in China

Employees run half-naked for not meeting sales quotas

  1. New plan to allow patients to pay after treatment
  2. Melon seeds are dyed, contain banned additives
  3. Parents urged to keep close eye on kids
  4. Divorce rate rises for seven straight years
  5. China to build earthquake warning system