Germany's consumer price inflation accelerated more than expected in November, preliminary figures from Destatis showed Monday. The consumer price index rose 5.2 percent year-on-year following a 4.5 percent increase in October. Economists had forecast 5.0 percent inflation. The record high of CPI inflation for Germany is 6.2 percent logged in 1992. Compared to the previous month, the CPI decreased...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.