Economics
German Inflation Unexpectedly Accelerates to Four-Month High
- Consumer prices rose 2.2% in September; median est. 1.9%
- Pick-up likely to amplify calls for faster ECB stimulus exit
Photographer: Simon Dawson/Bloomberg
This article is for subscribers only.
German inflation unexpectedly accelerated to a four-month high, suggesting the rate in the euro area will rise further above the European Central Bank’s goal.
Consumer prices rose an annual 2.2 percent in September, exceeding the median estimate in a Bloomberg survey and the 1.9 percent reached in August. Eurostat will release data for the 19-nation euro region on Friday, after reports from France and Spain.