German inflation eases to 2.0% in June
German inflation fell to 2.0% year on year. Analysts polled by Reuters had forecast EU-harmonised inflation increasing from the previous month to 2.2%.
Germany's core inflation rate, which excludes volatile food and energy prices, eased to 2.7% in June from 2.8% the previous month.
The German data comes ahead of the euro zone inflation release on Tuesday. Inflation in the bloc is expected at 2.0% in June, the European Central Bank's goal, up from 1.9% the previous month, according to economists polled by Reuters.
The ECB cut interest rates at the beginning of June but hinted at a pause in its year-long easing cycle.
Meanwhile, German import prices decreased by 1.1% year on year in May, the statistics office said on Monday.
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