German inflation eased for a second month in a row in December due to falling energy prices and the government's one-off payment of household energy bills, coming in below expectations even as analysts warn that a continued slowdown is not a given.
German consumer prices, harmonised to compare with other European Union countries, rose by 9.6% on the year in December, preliminary data from the Federal Statistics Office showed on Tuesday. Analysts polled by Reuters predicted December's annual inflation would rise by 10.7%.
Compared with November, prices decreased by 1.2%. Analysts had expected a fall of 0.5% on the previous month.
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