German Inflation Accelerates More Than Initially Estimated
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Inflation in Germany, Europe’s largest economy, accelerated more than initially estimated to the fastest in three years in September, led by energy costs.
The inflation rate, calculated using a harmonized European Union method, rose to 2.9 percent from 2.5 percent in August, the Federal Statistics Office in Wiesbaden said today. It had previously reported an inflation rate of 2.8 percent. In the month, prices rose 0.2 percent.