German Inflation Slowed in September on Food, Energy Prices
Germany’s inflation rate fell in September as food and energy price pressures eased.
Inflation, calculated using a harmonized European Union method, slowed to 2.1 percent from 2.2 percent in August, the Federal Statistics Office in Wiesbaden said today, confirming a Sept. 26 estimate. In the month, consumer prices were unchanged.
The European Central Bank forecasts that euro-area inflation will slow to below its 2 percent limit next year.
Germany’s non-harmonized inflation rate fell to 2 percent in September from 2.1 percent in August, the statistics office said.
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