The German Statistics Office- Destatis reported today that country’s inflation level fell more than expected in May. Consumer Price Index decline by seasonally adjusted 0.2%, instead of 0.1% expected. Comparing with May 2011 CPI rose at annual rate of 1.9%, after gaining 2.1% in April. The U.S. dollar remained higher against EUR, with couple traded at 1.2523 after data release.
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