Germany: Inflation inches up in November to half-year high
November 30, 2015
Consumer prices in November rose 0.1% over the previous month, according to preliminary data released by the Federal Statistics Office (Destatis) on 30 November. The result marks a slight acceleration compared to October’s flat reading.
Inflation inched up from October’s 0.3% to 0.4% in November, marking the largest print in half a year. Meanwhile, annual average inflation remained at October’s 0.2%.
HICP inflation, which is based on harmonized consumer prices, rose slightly from October’s 0.2% to 0.3%, which represented the highest reading in six months. Annual average HICP inflation remained at 0.1%.