German Inflation Weakest Since 2009 Raises Pressure on ECB
This article is for subscribers only.
German consumer prices are close to stagnating, adding to signs that euro-area inflation is turning negative and potentially bolstering the case for more European Central Bank stimulus.
Inflation in the region’s largest economy slowed to 0.1 percent in December, the Federal Statistics office said today. That’s the lowest rate since October 2009 and below the median forecast of 0.2 percent in a Bloomberg survey of economists.