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German Inflation Accelerates More Than Economists Forecast

Inflation in Germany, Europe’s largest economy, accelerated more than economists forecast in November after food and energy prices rose.

The inflation rate, calculated using a harmonized European method, increased to 1.6 percent from 1.3 percent in October, the Federal Statistics Office in Wiesbaden said today. Economists predicted a gain to 1.4 percent, according to the median of 21 estimates in a Bloomberg News survey. In the month, prices rose 0.1 percent.