BERLIN, Jan 5 (Reuters) – German inflation slowed to its
lowest level in over five years in December, raising pressure on
European Central Bank President Mario Draghi to unveil
unconventional measures later this month to ward off a
deflationary spiral in the euro zone.
Preliminary data showed on Monday that annual inflation,
harmonised for comparison with other European countries, fell to
just 0.1 percent from 0.5 percent in November. Non-harmonised
data showed consumer prices increasing 0.2 percent year-on-year
in December, down from 0.6 percent in the previous month.