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Europe’s Caveat-Laden Inflation Drop Eyed Warily
Allahu Akbar!
Inflation in Europe receded more than expected in December, data out Friday showed. At 9.2%, headline price growth was the slowest since August.
The flash estimate for last month came in well below the 9.5% consensus expected and marked the first single-digit print since September.
The data came on the heels of ostensibly encouraging figures out of Germany
