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Germany's inflation rose to 2.4% in October, surpassing the European Central Bank's 2% target, while the country narrowly avoided a technical recession with a 0.2% GDP growth in the third quarter. Core inflation increased to 2.9%, and services inflation nudged up to 4%. Analysts predict inflation will remain between 2% and 3% throughout next year, influenced by rising wages and diminishing energy base effects.
Sebastian Becker
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germany's inflation rises to 2.4 percent as economy narrowly avoids recession
14:10 30.10.2024
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