By Joshua KirbyGerman consumer prices fell in July, in line with expectations, offering some aid to eurozone officials in their battle against inflation. Consumer prices rose 6.2% on the month in July from 6.4% in June, measured by national standards, according to preliminary data from the country's statistics office published Friday. Energy prices rose at a faster rate, due in part to a base effect caused by measures to address soaring prices in July last year, the agency said. Food inflation eased but remained well above historical averages at 11%, the figures show. Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby(END) Dow Jones NewswiresJuly 28, 2023 08:28 ET (12:28 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal July 28, 2023 18:38 UTC