German October CPI cools more than expected
Consumer prices fell 0.2% month-on-month, while core inflation slowed to 2.1% from 2.4%. The statistics office said easing energy inflation largely drove the softer headline reading.
Consumer prices fell 0.2% month-on-month. Core inflation slowed to 2.1% from 2.4%, adding to signs that underlying price pressures are continuing to moderate. The softer-than-expected headline reading was largely driven by easing energy inflation, the federal statistics office said.Reporting by Fra…