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Germany Is Officially Back In Deflation: Stocks Slide

For the first time since October 2009, Germany saw Consumer Price Inflation fall in January. Missing expectations for the 2nd month, Germany's deflationary 0.5% drop in CPI is the worst deflation since July 2009 and comes just 3 weeks after Europe broadly entered the dreaded deflation spiral of doom so many status quo economists are terrified of.





Just a good job Draghi unleashed Q€ ... oh wait inflation expectations have tumbled since then too...


and stocks are sliding on the news...



Charts: Bloomberg