The European Central Bank (ECB) is flooding the European markets with money by buying up government bonds, hoping to push prices on consumer goods back up.
Plummeting energy costs and oil prices have driven Germany's rate of inflation into the red, the federal statistics agency reported on Thursday, though economists aren't ready to start talking deflation just yet.
German prices fell for the first time in 22 years in July, official statistics showed Wednesday, but analysts said Europe's biggest economy was unlikely to slip into a dangerous deflationary spiral.
German consumer prices rose by a meagre 0.1 percent in June compared with the same month in 2008, but a threat of deflation appeared to be easing, provisional official figures released on Friday showed.