This is a Destatis news story, published by CNBC, that relates primarily to the European Central Bank's news.
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core inflationCNBC
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81% Informative
German inflation jumped to a higher-than-expected 2.9% in December , German statistics office Destatis says.
The data comes at a time of political uncertainty in Germany and is one of the last key economic readings before federal elections are held earlier than originally scheduled on Feb. 23 .
December marked the third consecutive month in which German inflation was back above the European Central Bank's 2% target.
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