Inflation & Prices
German Inflation Fails to Slow After France and Italy Undershoot
- Consumer prices rose 2.8% from year ago in February, est. 2.7%
- ECB is widely expected to lower interest rates again next week
Germany's consumer prices increased 2.8% from a year ago.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
German inflation unexpectedly remained unchanged in February, highlighting the challenges for the European Central Bank in deciding how quickly and how far to cut interest rates.
Consumer prices increased 2.8% from a year ago, the statistics office said Friday. Economists in a Bloomberg survey had expected a slight slowdown to 2.7%.