Economics
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
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
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.