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German CPI growth accelerated in November

Release Date:2012-05-05  Hits:217
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German Federal Statistics Office said a few months before, the main factors prompted the German inflation rate is excessive fluctuations in domestic energy and food prices, excluding energy and food prices rises, the inflation rate rose by 0.9 %. German central bank expects the 2010 average level of domestic inflation rate will remain at around 1.1% in 2011 will accelerate to 1.7 percent.

German Federal Statistics Office announced on December 9 by Germany amended the November consumer price index (CPI) rose 1 world pie network information .6%, increased by 0.1%, completely consistent with the previous German government announced the initial value. European Central Bank President Jean-Claude Trichet said the same day, the next few monthsWorld Steel Pipe , it is expected that the German inflation rate will be at current levels up and down fluctuations.


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Singapore research institutes Action Economics economist Natasha Gewadixi, said that at this stage, the German inflation rate has not been a significant upside risks, will not break through the ECB for euro area member states to set the & ldquo ; the growth rate of the inflation rate remained below the 2% target ".


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