German inflation spike creates dilemma for ECB
- 13 years ago
German inflation unexpectedly jumped this month to its highest level in three years. Annual consumer price inflation rose to 2.6 percent from2.4 percent in August. Economists had expected it to hold steady. The increase will make it more difficult for the European Central Bank to justify a cut in interest rates soon in order to boost growth in the euro zone. ... http://www.euronews.net/