German inflation drops further in November
From think.ing.com
The disinflation trend in Germany has gained more momentum in November and brings the European Central Bank's target closer in sight. Some very late satisfaction for ‘team transitory’ as German inflation continued its disinflationary trend in November. According to the flash estimate, headline inflation came in at 3.2% year-on-year, from 3.8% YoY in October. The European inflation measure came in at 2.3% YoY, from 3.0% in October. Disinflationary process to enter second stage A year ago, inflation was still at double-digit levels. And while falling inflation is not the same as actually falling prices, the ...
(full story)