German Prices Stagnate in January |
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German prices remained unchanged in January, after accelerating in the last quarter of 2009. Inflation shifted from -0.30% in September to 0.00% in October, then 0.40% in November reflecting the improvement seen in the economy starting from the second quarter. The gigantic economy in the euro area left the recession in the second quarter, when it grew by 0.4% followed by 0.7% expansion in the third quarter. The stimulus measures adopted by both ECB and the German government boosted growth and
Filed under: Fundamental
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