Prices From Germany to Italy Signal Weakening Deflation Risks
How Real Is the European Deflation Threat?
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Consumer prices from Germany to Italy and Spain signaled an easing of deflation risks in the euro area as the European Central Bank prepares to unleash quantitative easing.
In Germany, Europe’s largest economy, prices fell 0.1 percent, less than the 0.5 percent drop forecast in a Bloomberg survey. Italian inflation was 0.1 percent this month, better than the minus 0.3 percent rate predicted, while Spanish prices fell less than estimated.