German Inflation at 1.5%

Inflation in Germany reached a two-year high of 1.5 percent in November due largely to an increase in the cost of food and energy. The inflation rate for the previous two months was 1.3 percent. With food and energy removed from the calculation, the November price increase would be 0.9 percent.

Even with the increase, inflation in Germany is still within the 2 percent target range and is well below the UK’s current 3.2 inflation rate.

Source: BBC News

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