German Inflation Slows Unexpectedly, As ECB Mulls Rate Pause

Analysts surveyed had expected an uptick to 2.2 per cent.

By Channels Television

Updated June 30, 2025

German inflation unexpectedly slowed in June, official data showed Monday, as the European Central Bank (ECB) weighs up whether to pause its lengthy interest rate-cutting cycle.

Annual inflation in the eurozone’s largest economy was 2.0 per cent, according to preliminary data from the federal statistics agency Destatis, down from 2.1 per cent in May. Analysts surveyed by financial data firm FactSet had expected an uptick to 2.2 per cent.

AFP