German inflation remains at 0.8% in September

German inflation stood at just 0.8 per cent in September, unchanged from July, the federal statistics office Destatis confirmed today.

15th October, 2014
German inflation stuck at 0.8% in September

German inflation stood at just 0.8 per cent in September, unchanged from July, the federal statistics office Destatis confirmed today.

Inflation in Europe’s largest economy has not been lower than 0.8 per cent since February 2010.

The data confirms a flash estimate from the end of September and is fuelling concern that Germany could be nearing recession and that the entire euro zone bloc could slip into a period of deflation.

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