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Inflation slows in several German states in December

By Thomson Reuters Jan 6, 2026 | 5:11 AM

BERLIN, Jan 6 (Reuters) – Inflation slowed in several German states in December, official ‍data showed on Tuesday, pointing to a lower national rate in Europe’s largest economy.

Official national data are due ‌at 2 p.m. (1300 GMT).

Inflation ‌fell below the 2% mark in North Rhine-Westphalia, Germany’s most populous state, as well as Lower ​Saxony and Saxony.

Economists surveyed by Reuters expect national ‍inflation to ​decline to 2.2% in ​December, down from 2.6% in ‍November.

A eurozone-wide report is expected on Wednesday.

Inflation in the bloc has hovered around the European Central Bank’s ‍2% target, boosted by price hikes in the services sector, and ‍is ‍expected to stay there ​for the foreseeable ​future.

Most ⁠analysts expect the ECB ‌to keep its interest rate unchanged in the coming months.

(Reporting by René Wagner, writing by Thomas Seythal, editing by ⁠Miranda Murray)