German inflation rises more than expected in Dec on higher food prices

Quick Summary:

The annual consumer price inflation rate rose to 2.9 per cent, higher than the 2.

Euro zone inflation is expected to have risen to 2.4 per cent in December from 2.2 per cent in November.

The annual average inflation rate in Germany is expected to stand at 2.2 per cent in 2024, the statistics office said, well down from 5.9 per cent the previous year.

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Category: BusinessFinance

Markets: IndiaGermanyUkraine

Topics: Germany food prices Germany energy prices Germany inflation Germany annual inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 19:59:06 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 16 lines

Sentence Length: 37 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24917127

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