Eurozone Inflation: The German Puzzle

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This episode analyzes the contrasting inflation trends across the eurozone in November 2025. While most economies—like France and Italy—see price pressures easing, Germany stands out with a surprising 2.6% annual inflation, its highest in nine months, driven by food costs. Spain also records a mild uptick to 3.1%. We discuss how these mixed signals shape the European Central Bank’s outlook as overall inflation nears its 2% target.