Germany's producer price inflation eased for the third straight month in December to reach its lowest level in just over a year amid a moderation in energy prices, data from Destatis showed on Friday.
The producer price index, or PPI, climbed 21.6 percent year-over-year in December, which was slower than the 28.2 percent surge in October. Economists had forecast the price growth to ease to 20.8 percent.
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