Inflation in Germany confirmed at 1.1 percent


Inflation in Germany came to 1.1 percent on an annual basis in October, from 1.2 percent a month earlier. The German Federal Statistical Office reported this on the basis of a definitive figure, which corresponds to a provisional estimate.

German consumer prices rose by 0.1 percent on a monthly basis. On the basis of the European harmonized measurement method, German inflation amounted to 0.9 percent. These figures also correspond to the provisional estimates.

By: Oliver I. Kjeldsen

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