Economics
German Inflation Will Turn Positive in January, Bundesbank Says
- Price declines in Germany have weighed on euro-area inflation
- Ongoing business closures may complicate data collection
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Price growth in Europe’s largest economy is likely to be “clearly positive” this month for the first time in half a year, according to the Bundesbank.
After the phasing-out of a temporary sales-tax cut and the introduction of an emissions-pricing scheme, the cost of many goods and services in Germany is likely to have risen on an annual basis, the country’s central bank said in a monthly report published Monday.