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Inflation in Germany slowed considerably in January, with prices 2.9% higher than the same month in the year before, according to new government figures released on Friday that confirm earlier initial estimates. The monthly figure was the lowest in Germany since June 2021, when inflation stood at 2.4%, according to Germany’s Federal Statistical Office. Energy costs help bring down the figure, with prices dropping by 2.8% compared to the previous year despite the increase in CO2 prices imposed by the government. Food became 3.8% more expensive, although the price increase in this area continued…

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