German inflation slows in April
A number of Germany’s regions had reported broadly steady inflation on the
non-harmonised headline measure, which also came in flat at 1.6 percent.
Price growth in Saxony clocked in at 1.6 per cent in April on a year-on-year basis
from 1.5 per cent in March.
The pace was steady in Bavaria and Baden-Württemberg at 1.7 per cent, but
slipped from 1.6 to 1.5 per cent in North Rhine-Westphalia.
Inflation across the eurozone has remained consistently below the ECB’s target of
just under 2 per cent, even as the bloc has decisively emerged from an era of
deflatio