Germany’s Annual CPI Inflation Rate Remains Thesame
German inflation unexpectedly remained unchanged in November, data showed on Tuesday, in a sign price pressures are still weak in Europe’s biggest economy, despite an economic upturn spurred by the European Central Bank’s ultra-loose monetary policy.
Consumer prices, measured according to harmonized European Union standards, were unchanged on the month, but 0.7% higher than in November last year, Germany’s Destatis statistics office said Tuesday.…