Germany's annual inflation rate dropped below 1 percent in January as a result of falling oil prices, a preliminary estimate showed Wednesday.
Consumer prices increased 0.9 percent this month from a year ago, down from the 1.1 percent annual increase in December, the Federal Statistical Office said.
Inflation in Germany, Europe's biggest economy, has been sliding since it peaked at 3.3 percent in June and July.
Wednesday's estimate …
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