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Germany: Bundesbank sees inflation soar to almost 6%

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German inflation at the end of November could soar close to 6%, surpassing previous estimates released in recent weeks, according to the Bundesbank.

Prices in Germany have already peaked in three decades with + 4.6% in October, but this has always been signaled as a prelude to an even faster surge in November.

The latest data is expected on Monday 29 November, one day before the highly anticipated consumer price report for the euro area.

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