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Country with the Lowest Inflation*

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Country with the Lowest Inflation*

Germany

The countries with the lowest increases all saw their consumer price indexes rise less than 2% last month. In Germany prices rose 1.4% in November—the smallest year-over-year increase in more than two years, down from October's reported 2.4% increase. That drop—the biggest in at least 12 years—is due in large part to falling oil prices. Because Germany's economy is the largest in the European Union, economists expect inflation rates in other euro zone countries to follow suit.

*Year-over-year increase in consumer price index in Oct 2008. or Nov. 2008, as reported by Bloomberg on Dec. 8