Germany inflation 2025 July

The German inflation was expected by more than 1.8% in July, the data from the Destatis Agency of Statistics showed them on Thursday.

Reuters invented economists from 1.9% expected inflation. July reading compares with print 2% JuneHe led to the German inflation rate for the purpose of the European Central Bank.

The numbers are harmonized in the euro area to ensure comparability. The Euro Zone inflation data is later this week, reading the reading announcement to 1.9%.

The basic inflation includes food and energy costs, July reached 2.7% in July, without changing the previous month, the data showed. Meanwhile, the inflation inflation of the services observed lasted 3.3% in July 3.1%.

Carsten Brzeski, the global head of Macro, said on a note on Thursday, the latest data lived in Germany “today.” Holder inflation is expected to remain below, but close to 2% mark, he added.

Inflation figures The economists and analysts are tightly watching the Donald Trump’s Tariff policy as they evaluate the influence of the US president. Various fare in the sector have already been temporary mutual duties in recent months.

Last week, the European Union and the USA obtained an agreement that includes EU goods Hit 15% with fare. Lists are very expected to affect US prices, it is not so clear, and how inflation can cause inflation.

“It is seen how to react to the US and U.S. companies. The prices that fall in the eurozone would be seen in the world, the operating companies would try to increase prices in Europe in the US,” Brzeski said.

Thursday inflation figures come on Wednesday, he published the preliminary reading of the second gross product in the second quarter of Germany. Economy Shake a little 0.1% in the period, marking the decline of 0.3% registered in the first quarter.