Euro slumps as German inflation eases on short term energy relief


The first major inflation print of the year hit overnight, with German inflation results for December surprisingly lower than expected, after being in double digit territory for most of the latter part of 2022.

More from Reuters:

German inflation eased for a second month in a row in December due to falling energy prices and the government’s one-off payment of household energy bills, coming in below expectations even as analysts warn that a continued slowdown is not a given.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe