Germany's annual inflation rate comes in at 7.6% in June

Germany's annual inflation rate came in at 7.6% in June, led by high energy prices, according to an official expectation on Wednesday.

The figure was down from 7.9% in May, in line with the first estimate, according to the country's federal statistical office Destatis.

Energy prices increased 38% from a year ago in June while food prices were up 12.7% in the same period.

On a monthly basis, consumer prices increased 0.1% in June.