Germany’s inflation misses forecasts in November: Bund yields fall
Germany’s inflation misses forecasts in November: Bund yields fall
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Germany's inflation rate rose to 2.2% in November, slightly below expectations, while monthly inflation saw a significant decline of 0.2%. Energy prices fell 3.7% year-on-year, but services inflation remained steady at 4%. Core inflation increased to 3.0%. Market reactions were muted due to the Thanksgiving holiday, with slight declines in Bund yields and a 0.5% rise in the DAX index, led by gains in Airbus and Daimler Truck.
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