Economic news

Germany's inflation accelerates to 1.8% in November

Consumer prices in Germany, calculated by the standards of the European Union, rose by 1.8% (year-on-year) in November 2017, according to preliminary data from the Destatis.

The indicator turned out to be higher than the forecasts of experts who had forecast an 1.7% increase.

Increasing global trade and economic recovery in the euro area have a positive impact on Germany's macroeconomic indicators, including inflation and unemployment. The level of business confidence in Germany has реахед итс top since the reunification of the country.

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