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    German inflation subdued, makes ECB rate cut more likely

    euronews (in English)

    by euronews (in English)

    In April, inflation in Germany slowed to its lowest level in two and a half years.

    The cost of living in Europe's largest economy increased by 1.2 percent from April last year. That was according to the first calculations from the government statistics office using data for six of Germany's 16 federal states.

    From March, the consumer price index was down by 0.5 percent.