Inflation in Germany exceeds expectations

The latest official statistics in Germany to high rates of inflation in the country in January, hasexceeded expectations. The Federal Statistics Office in Wiesbaden that inflation rates inGermany last month remained at a level of 2.1% which was recorded in December.The preliminary estimates indicate that the inflation rates in Germany would amount to only 2% in January 2012. This is because the continued rise in inflation last month to the highprices of energy materials increased … Continue reading