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German Inflation Rises To 8.7% As Estimated

Germany's consumer price inflation accelerated as initially estimated at the start of the year amid higher energy and food prices, official data showed Wednesday.

The consumer price index climbed 8.7 percent year-over-year in January, faster than the downwardly revised 8.1 percent rise in December, final data from Destatis revealed.

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by RTTNews Staff Writer

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