The lowest inflation of the past four months occured in Germany in January

German inflation decreased

The final value of inflation in January was 4.9 percent, the same as the preliminary data. Inflation was 5.3 percent in December, the highest since 1992. Inflation slowed for the first time in seven months in January, to its lowest level since 4.1 percent in September.

Compared to December, consumer prices rose 0.4 percent in January. The monthly price increase was 0.5 percent in December. (MTI)