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Jan 5, 2015
Jan 5, 2015

German inflation hits 5-year low before crucial ECB meeting

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.

Jan 5, 2015
Jan 5, 2015
Jan 5, 2015
Jan 5, 2015
    • About Noah

      "I run the Reuters news operations for Germany, Austria and Switzerland based in Berlin, and write regularly about German politics and European economic issues. I've reported from over 20 countries for Reuters since joining in the mid-1990s, including stints in Paris, London and New York."
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