German Inflation Slows From Fastest Pace in 12 Years (Update1) (Bloomberg.com)

27 August 2008, 8:58 am

Aug. 27 (Bloomberg) -- Inflation in Germany, Europe's largest economy, eased from a 12 year-high in August after oil prices retreated from a record. Prices rose 3.3 percent from a year earlier using a harmonized European Union method, the Federal Statistics Office in Wiesbaden said today.... read more

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