Germany's consumer price inflation eased more than expected to its lowest level in over a year in December, preliminary data from the statistical office Destatis showed on Tuesday.
The consumer price index rose 1.8 percent year-on-year following an increase of 2.3 percent in each of the previous two months. Economists had expected inflation to slow to 2.0 percent.
The latest inflation rate was the slowest since September 2024, when it was 1.6 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.