Prior +2.6%HICP +2.4% vs +2.5% y/y expectedPrior +2.7%Core CPI Y/Y +2.5% vs 2.5% priorFull report hereThe inflation rate in Germany is expected to be +2.3% in June 2026. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices decreased by 0.3% on May 2026. The inflation rate excluding food and energy, often referred to as core inflation, is expected to stand at +2.5% in June 2026 vs 2.5% the prior month. Energy prices are expected to be up 3.4% on the same month of the previous year. The rise in energy prices therefore slowed once again in June.This is a welcome report for the ECB and it basically seals the case for pausing in July and wait for September at the earliest to think about another rate hike. This article was written by Giuseppe Dellamotta at investinglive.com.