By Ed FranklGerman inflation rose in December, as base effects from government energy relief measures at the end of 2022 halted the recent trend of easing consumer prices. Energy prices rose 4.1% on year, flipping the 4.5% fall in November, largely a result of the base effects from government programs that cushioned gas and heating bills a year prior. Food prices eased, however, rising 4.5% on year, from 5.5% in November, Destatis said. Core inflation, which excludes volatile food and energy prices, ticked down to 3.5% in December from 3.8% in November, according to Destatis. Write to Ed Frankl at edward.frankl@wsj.com(END) Dow Jones NewswiresJanuary 04, 2024 08:30 ET (13:30 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal January 04, 2024 19:38 UTC