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German Inflation Slows, Bolstering ECB Case for Surge to Ease

  • Consumer prices gained 5.7% in December, analysts saw 5.6%
  • Reading comes after French report signaled inflation peak
Retail Economy As Germany Considers Lockdown Extensions And Curfews
Photographer: Liesa Johannssen-Koppitz/Bloomberg

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German inflation slowed from its highest level in decades, supporting the European Central Bank’s view that record consumer-price growth in the euro area will ease without the need for interest-rate increases.