AIRLINK 69.80 Decreased By ▼ -1.89 (-2.64%)
BOP 4.96 Decreased By ▼ -0.04 (-0.8%)
CNERGY 4.35 Decreased By ▼ -0.04 (-0.91%)
DFML 27.95 Decreased By ▼ -0.60 (-2.1%)
DGKC 81.00 Decreased By ▼ -1.40 (-1.7%)
FCCL 21.54 Decreased By ▼ -0.41 (-1.87%)
FFBL 33.25 Decreased By ▼ -0.90 (-2.64%)
FFL 9.83 Decreased By ▼ -0.25 (-2.48%)
GGL 10.46 Increased By ▲ 0.34 (3.36%)
HBL 113.95 Increased By ▲ 0.95 (0.84%)
HUBC 140.20 Decreased By ▼ -0.30 (-0.21%)
HUMNL 9.03 Increased By ▲ 1.00 (12.45%)
KEL 4.50 Increased By ▲ 0.12 (2.74%)
KOSM 4.44 Decreased By ▼ -0.06 (-1.33%)
MLCF 37.70 Decreased By ▼ -0.31 (-0.82%)
OGDC 134.00 Decreased By ▼ -0.69 (-0.51%)
PAEL 25.80 Decreased By ▼ -0.82 (-3.08%)
PIAA 23.95 Decreased By ▼ -1.45 (-5.71%)
PIBTL 6.43 Decreased By ▼ -0.12 (-1.83%)
PPL 121.81 Decreased By ▼ -0.14 (-0.11%)
PRL 27.20 Decreased By ▼ -0.53 (-1.91%)
PTC 13.60 Decreased By ▼ -0.20 (-1.45%)
SEARL 54.75 Decreased By ▼ -0.14 (-0.26%)
SNGP 68.50 Decreased By ▼ -1.20 (-1.72%)
SSGC 10.31 Decreased By ▼ -0.09 (-0.87%)
TELE 8.58 Increased By ▲ 0.08 (0.94%)
TPLP 11.23 Increased By ▲ 0.28 (2.56%)
TRG 61.55 Increased By ▲ 0.65 (1.07%)
UNITY 25.22 No Change ▼ 0.00 (0%)
WTL 1.55 Increased By ▲ 0.27 (21.09%)
BR100 7,599 Decreased By -39.5 (-0.52%)
BR30 24,926 Decreased By -45.6 (-0.18%)
KSE100 72,565 Decreased By -196.2 (-0.27%)
KSE30 23,530 Decreased By -95 (-0.4%)

imageFRANKFURT: The rate of inflation in Germany, Europe's biggest economy, inched higher again in December and averaged 1.5 percent for the whole of 2013, official final data showed on Monday.

For December alone, the cost of living rose by 1.4 percent on a 12-month basis, compared with 1.3 percent in November, the federal statistics office Destatis said in a statement.

That meant the annual average rate stood at 1.5 percent for the whole of 2013, down from 2.0 percent in 2012 and the lowest rate since 2010, the statisticians calculated.

Using the Harmonised Index of Consumer Prices (HICP), the European Central Bank's inflation yardstick, inflationary pressures in Germany slowed sharply on an annual average basis to 1.6 percent in 2013 from 2.1 percent in 2012.

The ECB defines price stability as increases in harmonised index of close to but just below 2.0 percent.

The data confirm a preliminary estimate released earlier this month.

Comments

Comments are closed.