German inflation slows to 6.1% in May – though food prices still surging
German inflation eased to 6.1% in May following several months of declines – although Europe’s biggest economy also registered another painful increase in food prices of nearly 15%.
Preliminary figures show that the annual inflation rate was lower than the 7.2% registered in April, the country’s Federal Statistical Office said. In February, it stood at 8.7%.
