Germany sees inflation risk receding

Germany's powerful Bundesbank has said it believes inflation risks in the euro zone are receding.

12th March, 2013
Jens Weidmann

Germany's powerful Bundesbank has said it believes inflation risks in the euro zone are receding.

The remarks were published as latest data showed Germany's inflation rate dropped to a two year low of 1.5 per cent. The rate across the EU was 1.8 per cent on the basis of the harmonised model of calculation.

In a statement accompanying the Bundesbank's annual report, its president Jens Weidmann said that, despite difficulties in many European partner countries, the German...

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