German Inflation at Weakest Since 2010 Keeps Pressure on ECB

German inflation slowed to the weakest pace in almost five years and Spanish consumer prices fell in a sign that the euro area’s economic revival continues to struggle.

The inflation rate in Germany calculated using a harmonized European Union method, dropped to 0.5 percent in November from 0.7 percent in October, the Federal Statistics Office in Wiesbaden said today. That’s the lowest since February 2010 and matched the median forecast of economists in a Bloomberg survey. Spanish prices slid 0.5 percent, more than forecast, separate data showed.