Stubborn Inflation in Germany and Spain Keeps ECB on Alert
- Officials have hinged rate decision on consumer-price numbers
- Reports from France, Italy and euro zone are due Thursday
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Inflation slowed less than expected in Germany and quickened in Spain, offering European Central Bank officials a partial picture of the region’s price pressures as they judge whether to raise interest rates again.
The numbers published Wednesday point to the possibility of a robust outcome when the euro-zone report is released the following day — data policymakers have highlighted as crucial to their Sept. 14 decision.