Germany Harmonised Index of Consumer Prices (MoM) improves to 0.3% in May from -0.5% in Apr. (YoY) 1.6% vs. 1.1%.

According to data released today by Destatis, German annual inflation rose 1.5% in May, following 1.1% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis German CPI climbed 0.4% in May, after falling 0.5% in April, as expected.