Economic news

Regional inflation in Germany eased after ECB stopped bond-buying program

German regions with the highest number of people posted lower inflation this month, which follows the ECB’s announcement of ending four-year-long economy support program, and as world markets dropped.

North Rhine-Westphalia, the country’s most inhabited area, recorded its yearly inflation decreasing to 1.8% in December from November’s 2.4%, according to today’s official data.

The target set for inflation by the ECB is near 2%. The central bank estimates that the world economy is going to pace down next year, and leveling will follow, though price growth is seen to continue.

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