Germany's consumer price inflation was stable in November and the core figure eased, but the EU measure of price growth accelerated more than expected to its highest level in nine months, preliminary data from the statistical office Destatis showed on Friday.
The consumer price index rose 2.3 percent year-on-year, same as in October. Economists had expected the inflation rate to climb to 2.4 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.