German inflation slowed slightly in August where the CPI index in EU harmonized terms fell 0.1% on the month following 0.5% rise and below the expected flat reading. On the year inflation eased to 2.4% following 2.6% and above the expected 2.5%.

The German Consumer Price Index fell 0.1% on the month following 0.4% rise and in line with expectations and on the year eased to 2.3% from 2.4.