
Annual inflation in the eurozone’s largest economy was 2.0 percent, according to preliminary data from federal statistics agency Destatis, down from 2.1 percent in May.
Consumer price rises were last at the same level in October, since when they had been slowly increasing.
Analysts surveyed by financial data firm FactSet had expected an increase to 2.2 percent in June.
Inflation had edged up in some other eurozone economies, such as France and Italy, in June, although their rates are both already lower than those of Germany.
Franziska Palmas, senior Europe economist at Capital Economics, said that ECB officials were likely to be reassured overall by the recent eurozone data, as it showed inflation broadly stabilising around their medium-term two-percent target.
“The figures add to the evidence that inflation in the eurozone has sustainably returned to the target,” she said.
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The ECB cut interest rates for a seventh consecutive time earlier this month after inflation hit 1.9 percent in May, having come down from record highs reached in 2022.
After the meeting, ECB President Christine Lagarde declined to comment directly about whether the central bank would pause its cuts at its next meeting in July, as some expect.
But she stressed repeatedly that the ECB was in a “good place”, fuelling expectations that it might soon hit pause.
© Agence France-Presse