Inflation in Germany, Europe's biggest economy, edged higher to 2.1 percent in December from 1.9 percent in November, official data showed on Wednesday. On a monthly basis, the German consumer price index (CPI) rose by 0.9 percent last month, largely owing to seasonal factors, according to preliminary data compiled by the national statistics office Destatis. Taking 2012 as a whole, inflation in Germany stood at an annual average 2.0 percent, the statisticians calculated. Using the Harmonised Index of Consumer Prices (HICP), the ECB's inflation yardstick, the rate of inflation in Germany also accelerated to 2.1 percent in December from 1.9 percent in November, and the annual average for the whole of 2012 stood at 2.1 percent, Destatis said. The ECB defines price stability as increases in HICP of close to but just below 2.0 percent. Preliminary inflation data are calculated using consumer price data for six of Germany's 16 federal states. Final data, based on statistics for all 16 states, are scheduled to be published on January 15.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor