Tuesday April 22, 2014

subscription options


Print Edition»

  • Includes free
    digital edition
  • Digital Edition»

  • Print format with
    enhanced features!
  • QUESTION OF THE WEEK

    • What do you consider to be the 2013 Story of the Year?
    • B.C. election
    • 36%
    • TRU law school
    • 4%
    • Proposed Ajax mine
    • 43%
    • Jack Shippobotham death
    • 3%
    • Starving horses seized
    • 11%
    • Red Lake cold case
    • 3%
    • Total Votes: 1070





    Home »  News »  Business

    German inflation drops to 1.9 per cent in November; price rises remain below eurozone average

    BERLIN - Official figures show that German inflation dropped slightly in November and remains below the average rates seen elsewhere among the 17 European Union countries that use the euro.

    The Federal Statistical Office said Wednesday that German prices were 1.9 per cent higher in November than the year before, compared to October's level of 2 per cent. It credited the modest drop to a smaller rise in household energy and motor fuel costs.

    Using the calculation used by Eurostat, the EU's statistics office, the rate in Europe's largest economy was also 1.9 per cent, compared to 2.1 per cent in October. The eurozone saw inflation fall to 2.2 per cent in November from 2.5 per cent in October.

    The ECB's target is to set policy to achieve an inflation rate of just below 2 per cent.


    Comments


    NOTE: To post a comment in the new commenting system you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Yahoo, OpenID. You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

    The Kamloops Daily News welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

    blog comments powered by Disqus



    Sitemap / RSS   Glacier Community Media: www.glaciermedia.ca    © Copyright 2014 Glacier Community Media | User Agreement & Privacy Policy

    LOG IN



    Lost your password?