German inflation unexpectedly cools off in June at 8.2%

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  German inflation dipped in June, the first month that the effects of government measures to dampen high fuel prices were included, data showed on Wednesday.

  Consumer prices, harmonised to make them comparable with inflation data from other European Union countries (HICP), decreased an annual 8.2%, a fall from May's 8.7%, the Federal Statistical Office said.

  A Reuters poll of analysts had pointed to an overall annual German HICP reading of 8.8% in June. For more forex news, please download WikiFX – the Global Dealer Regulatory Inquiry APP.

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