German Inflation Eases Slightly in November

German Inflation Eases Slightly in November
Customers at the Edeka grocery store buy pasta, as the spread of coronavirus disease (COVID-19) continues in Duesseldorf, Germany, on April 29, 2020. Wolfgang Rattay/Global Business Week Ahead/Reuters
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BERLIN—German consumer prices, harmonized to compare with other European Union countries, rose by 11.3 percent on the year in November, preliminary data from the Federal Statistics Office showed on Tuesday, in line with forecasts by analysts polled by Reuters.

October saw the highest reading since comparable data going back to 1996 with harmonized inflation up 11.6 percent on the year.