Germany's harmonized inflation eased to the 2 percent target towards the end of the year, final data from Destatis confirmed on Friday.
The harmonized index of consumer prices rose 2.0 percent on a yearly basis in December, following a 2.6 percent gain in the previous month. The statistical office confirmed the December rate published on January 6.
Likewise, consumer price inflation weakened to 1.8 percent from 2.3 percent in each of the previous two months. The latest inflation rate was the slowest since September 2024 and also matched the provisional estimate.
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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.