Germany’s inflation rate climbed to 2.6% year-on-year in December, faster than expected, according to preliminary data published Monday.
The annual inflation rate was 0.4% higher than in November, figures from federal statistics agency Destatis showed.
Energy prices fell by 1.7% compared with the previous year, while food prices rose by 2.0% year-on-year in December, data from the statistics office showed.
More to follow…
km/wd (dpa, Reuters)
