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

BERLIN, (UrduPoint / Pakistan Point News / WAM - 29th May, 2026) 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.

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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.