German harmonized inflation eases to 9.6% y/y in December

The sun sets behind the skyline of Frankfurt

BERLIN (Reuters) – German inflation eased further in the final month of 2022, with consumer prices rising by 9.6% year on year in December in harmonised terms, the federal statistics office said on Tuesday, confirming preliminary data.

This compared with an annual harmonised inflation rate of 11.3% in November and 11.6% in October.

For the whole of 2022, harmonised inflation came in at 8.7%, said the office, which publishes more detailed data on its website.

(Writing by Rachel More; Editing by Maria Sheahan)