PHOTO
The illuminated night skyline of Frankfurt/Main, western Germany, is pictured on December 30, 2021. - The illumination on the South façade of the ECB Main Building in Frankfurt’s Ostend is shown to celebrate the start of the upcoming new year 2022, which marks the 20th anniversary of the euro cash. From January 1 to January 9, 2022, different messages about the euro in the 15 euro area languages will be displayed. (Photo by Daniel ROLAND / AFP)
Germany's inflation rate slowed more than expected in June, official data showed Monday, resuming its downward path after edging up in May.
Consumer prices in Europe's biggest economy rose by 2.2 percent from a year ago, preliminary data from federal statistics agency Destatis showed, down from 2.4 percent in May. Analysts surveyed by FactSet had expected the figure to stay unchanged in June.
