German Inflation Rate Plunges to Lowest in More Than Two - Bloomberg

German Inflation Rate Plunges to Lowest in More Than Two - Bloomberg

The inflation rate in Europe’s largest economy, calculated using a harmonized European Union method, fell to 1.1 percent from 1.8 percent in March. That’s the lowest since August 2010. Economists predicted a slowdown to 1.7 percent, according to the median of 19 forecasts in a Bloomberg News survey. Prices dropped 0.5 percent in the month.