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German inflation slows to 3.2% in November - Breaking hour

2023-11-29T13:58:44.133Z

Highlights: German inflation slows to 3.2% in November. The slowdown is higher than economists' expectations, who had expected consumer price growth of 3.5%. Month-on-month, inflation fell by 0.4% (-0.1% consensus), after remaining flat in October. Inflation harmonized with EU parameters, according to preliminary data released by the German statistics office, grew year on year by 2.3%, against +3% in October and +2.5% expected by the consensus.


German inflation stood at 3.2% in November, slowing from 3.8% in October. The slowdown is higher than economists' expectations, who had expected consumer price growth of 3.5%. (ANSA)


German inflation stood at 3.2% in November, slowing from 3.8% in October. The slowdown is higher than economists' expectations, which had expected consumer price growth of 3.5%. Month-on-month, inflation fell by 0.4% (-0.1% consensus), after remaining flat in October. Inflation harmonized with EU parameters, according to preliminary data released by the German statistics office, grew year-on-year by 2.3%, against +3% in October and +2.5% expected by the consensus, while it fell by 0.7% month-on-month, after falling by 0.2% in October.



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Source: ansa

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