German inflation rate falls to minus 0.2 pct in September


  • World
  • Wednesday, 30 Sep 2020

BERLIN, Sept. 29 (Xinhua) -- The inflation rate in Germany fell to minus 0.2 percent in September, down from 0.0 percent last month, according to preliminary data published by the Federal Statistical Office (Destatis) on Tuesday.

Energy prices, including motor fuels and household energy, declined significantly by 7.1 percent in the month, according to Destatis. Due to the COVID-19 crisis, oil prices fell from around 60 U.S. dollars per barrel at the end of 2019 to around 40 dollars today.

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