Home Economic Indicators Germany’s Inflation Rate Slows to 2.0% in December

Germany’s Inflation Rate Slows to 2.0% in December

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German inflation eased to 2.0% in December, Germany’s federal statistics office confirmed on Friday, reinforcing earlier indications of slowing price pressures.

Harmonised consumer prices, which are adjusted to allow comparisons across the European Union, declined from a year-on-year rate of 2.6% recorded in November, marking a notable moderation in inflation.

The finalized data was in line with the preliminary figures previously published by Federal Statistical Office of Germany, confirming the initial estimate without revisions.