Germany's Inflated

The German rate of inflation has hit "reasonable" levels after a surge in oil and food prices.

"Germany's inflation rate hit 1.5% in November, the fastest pace in more than two years, thanks to the increased cost of food and energy.

In September and October, the inflation rate had been 1.3%, according to the official figures from Destatis.

Despite the rise in prices, inflation remains below the 2% threshold the statistics agency sees as representing an unhealthy rise in prices."

"With food and energy taken out of the calculation, inflation would have stood at 0.9%, it added.

Germany is currently the growth-engine in Europe, experiencing strong expansion when many of its neighbours' economies are struggling to recover from the downturn."

Hopefully Germany can help Europe out of the economic stagnation.