“Inflation sped up in five German states in February, buoyed by soaring energy costs, a sign that price pressures in the euro zone could continue to accelerate above the European Central Bank’s target. Prices in North-Rhine Westphalia (NRW) — Germany’s most populous state — were 2.1 percent higher than a year ago, up from 2.0 percent in January, data showed on Friday.” Read more.
“German States Point to Inflation Above ECB Target”
Annika Breidthardt and Mike Peacock
Los Angeles Times, February 25, 2011.
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