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German inflation rises

BERLIN (Bloomberg) — German consumer prices posted their highest annual gain in eight months in December after energy costs increased.

The inflation rate, calculated using a harmonised European Union method, rose to 0.8 percent from 0.3 percent in November, the Federal Statistics Office in Wiesbaden said yesterday.

Economists predicted prices would increase an annual 0.7 percent, the median of 19 forecasts in a Bloomberg survey showed.