German October inflation eases to 2.8% as expected; core slows to 2.1% - Yahoo Finance Singapore

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Investing.com -- German inflation eased to 2.8% in October, as expected, while core price pressure cooled more sharply to 2.1% from 2.4%, final data showed on Wednesday, with a new fuel discount masking still-elevated energy costs. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the opportunities we're watching next. Exclusive for Yahoo! Finance readers: 55% off for Black Friday, plus an extra 10% at checkout. Subscribe today! » The reading matched the 2.8% forecast and confirmed the provisional result from the Federal Statistical Office (Destatis). Inflation was 3.3% in September and 2.9% in August. Consumer prices fell 0.2% from September, in line with the forecast of -0.2%.