Inflation & Prices
German Inflation Slows to Five-Month Low on Energy Aid
- Consumer prices rose 9.2% from year ago in January; est. 10%
- Destatis had delayed data release due to processing issues
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German inflation slowed in January to the lowest level in five months thanks to further government aid to ease the burden on households from soaring energy costs.
Consumer-price growth eased to 9.2% from 9.6% in December, Germany’s statistics agency said Thursday. Destatis had postponed the data’s scheduled release last week due to processing problems.