Business

German inflation slowed to 2.7% in May ​due to lower energy prices

May 30, 2026

Berlin [Germany], May 30: German inflation slowed in May ​due to lower energy prices, and while core inflation accelerated.
Inflation fell to 2.7% from 2.9% in the previous month, preliminary data from the national statistics office showed on Friday.
The decline in the headline figure was driven by an easing of ​the energy inflation rate to 6.6% in May from 10.1% in April, the result ⁠of a reduction in taxes on fuel introduced by the government to mitigate war-linked price increases.
Core inflation, which excludes volatile food and energy prices, meanwhile rose to 2.5% in May from 2.3% in April.
Source: Emirates News Agency