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German harmonized inflation eases to 9.6% y/y in December

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BERLIN, Jan 16 (Reuters) – German inflation eased additional within the remaining month of 2022, with client costs rising by 9.6% yr on yr in December in harmonised phrases, the federal statistics workplace mentioned on Tuesday, confirming preliminary knowledge.

This in contrast with an annual harmonised inflation fee of 11.3% in November and 11.6% in October.

For the entire of 2022, harmonised inflation got here in at 8.7%, mentioned the workplace, which publishes extra detailed knowledge on its web site.

Writing by Rachel Extra; Enhancing by Maria Sheahan

Our Requirements: The Thomson Reuters Belief Ideas.

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