German Regions See Inflation Ease as Prices Cool Across Europe

German Regions See Inflation Ease as Prices Cool Across Europe

Inflation sank across six German states in September — suggesting a slowdown in national data due later in the day that will further fuel calls the European Central Bank to cut interest rates in October.

The rate of consumer-price gains in North Rhine-Westphalia — Germany’s most populous state — fell to 1.5% from 1.7% in August, according to preliminary figures published Monday. In Hesse, it dropped to 1.2% from 1.5%.

Source link : https://www.bloomberg.com/news/articles/2024-09-30/german-regions-see-inflation-ease-as-prices-cool-across-europe

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Publish date : 2024-09-30 08:42:12

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