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German Inflation Jumps Above 4%, Highest in Three Decades

  • Consumer prices rose 4.1% in September, more than forecast
  • Spike seen as largely transitory, euro-area data due Friday
Shoppers at the Herrmannplatz daily market near on Sonnenallee in Berlin.
Shoppers at the Herrmannplatz daily market near on Sonnenallee in Berlin.Photographer: Jacobia Dahm/Bloomberg
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German consumer prices are rising at the fastest pace in nearly three decades, fueled by supply bottlenecks and a series of temporary pressures accompanying the economy’s pandemic recovery.