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WIESBADEN, Nov 24: Inflation in Germany, the eurozone's biggest economy, accelerated to 1.5 per cent on a 12-month basis in November from 1.1 per cent in October, preliminary data showed on Friday.
The German consumer price index slipped by 0.1 per cent in November from the figure for October, but was 1.5pc higher than it had been in Nov 2005. The 12-month rate of inflation was therefore substantially higher than 1.1 per cent recorded in October.
Preliminary pan-German CPI is calculated on the basis of cost-of-living data for six so-called indicator states -- Baden-Wuerttemberg, Bavaria, Brandenburg, Hesse, North Rhine-Westphalia and Saxony.—AFP
