Skip to content
Subscriber Only

German Inflation Nears 2 Percent as ECB Pushes Stimulus For All

  • Consumer-price growth of 1.9% is strongest since mid-2013
  • Price increases could be a flashpoint in German election year
Bloomberg business news

How Will Trump's Policies Impact Europe?

Updated on

German critics of the European Central Bank’s 2.28 trillion-euro ($2.4 trillion) bond-buying program got a little bit more ammunition on Monday.

Inflation in the euro area’s biggest economy was 1.9 percent in January, the highest rate since July 2013, according to the Federal Statistics Office. Perhaps more importantly, it’s now roughly at the level that the ECB targets for the currency bloc as a whole, a signal for many Germans that the central bank for 19 nations needs to rein in stimulus.