German inflation
Inflation in Germany has fallen from 6.1 percent in August to 4.5 percent in September, according to a preliminary statement from the German statistics office Thursday afternoon. According to Tore Stramer, chief economist at the Danish Chamber of Commerce, we have to go all the way back to 1992 to find such a major monthly decline. “This is an extraordinarily large drop we have seen in inflation in Germany, which is an absolute rarity,” he said in a commentary. The decline can primarily be attributed to a significant fall in energy prices, he estimated. /ritzau/