German inflation shoots up to 2.0% in April
Inflation in Germany shot up in April to reach the European Central Bank's target
Berlin - Arab Today
Inflation in Germany shot up in April to reach the European Central Bank's target, preliminary data showed Thursday, giving fodder to growing calls for monetary policy makers to end their expansionary policy.
Consumer prices in Europe's biggest economy rose 2.0 percent in April from the same month last year, according to figures from federal statistics authority Destatis, beating analysts' forecasts of 1.9 percent.
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