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German inflation rises

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German inflation rises

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There are signs of rising inflation in Germany indicated what is likely to have happened across the whole euro area.

Inflation accelerated in four German states in December – North Rhine-Westphalia, Hesse, Brandenburg and Saxony.

That was due to a big increase in fuel costs compared with the same month last year.

Annualised inflation for the euro zone is expected to have risen 0.9 percent for December.