German annual inflation surges to 2.6%

German annual inflation surged to 2.6% in April 2011, the highest level in more than two years, according to official data issued on the 27 April 2011, likely to encourage the European Central Bank to keep its bias towards further interest rate increases.

ESO: Background information: Eurozone inflation pressures build http://www.europeansources.info/record/eurozone-inflation-pressures-build/

ESO: Background Information: ECB raises rates for first time since 2008 http://www.europeansources.info/record/ecb-raises-rates-for-first-time-since-2008/

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