Germany's inflation climbed to its highest level in almost three years, with state-level readings pointing to a firmer national rise than expected. Unemployment also rose more than
Germany's inflation climbed to its highest level in almost three years, with state-level readings pointing to a firmer national rise than expected. Unemployment also rose more than anticipated, leaving the economy facing a squeeze from both cost and labor sides at once. The combination keeps the mood cautious, with price pressures building even as hiring weakens.
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