BERLIN (AP) -- Germany's annual inflation rate edged up to 0.7 percent in April after hitting a 10-year low the previous month, according to an official estimate Tuesday.
Inflation in Germany, Europe's biggest economy, has declined sharply as a result of falling oil prices since peaking last June and July at 3.3 percent. In March, it hit 0.5 percent, the lowest level since July 1999.
Oil and fuel prices were still down sharply on the year in April, the government's Federal Statistical Office said. However, with the Easter holiday falling in April this year, prices for package tours rose 16.5 percent.
Consumer prices were unchanged on the month, the statistical office said.
Tuesday's estimate was based on data from six of Germany's 16 states.
Final inflation figures are due on May 12, but they rarely deviate from the estimate.
