German Inflation Slows in December as ECB Moves to Curb Stimulus
- Consumer prices rise annual 1.6% vs estimated 1.4% gain
- Eurostat will release euro-area inflation data on Jan. 5
Kleintop Says No 'All Clear Yet' For ECB
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German inflation slowed in December, underscoring the challenge the European Central Bank will face next year as it gradually removes its stimulus program.
Consumer prices rose an annual 1.6 percent, the Federal Statistics Office said on Friday. While that’s slower than November’s 1.8 percent, it’s above the 1.4 percent median forecast in a Bloomberg survey of economists.