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Germany's consumer price inflation weakened in October after rising for two straight months, final data from Destatis revealed on Wednesday.
The consumer price index logged an annual increase of 2.3 percent, which was slower than the 2.4 percent rise in September. The rate came in line with the estimate released on October 30.
"The continued above-average rise in service prices was a driving force behind inflation," Destatis President Ruth Brand said.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.