People walk in the main shopping street 'Zeil' in central Frankfurt, Germany, on Aug. 5, 2023. Inflation plaguing Europe rose to 2.9% in December, rebounding after seven straight monthly declines. The rise in price levels cast doubt on predictions for speedy interest rate cuts from the European Central Bank. The figure released Friday, Jan. 5, 2024, was up from the 2.4% annual inflation recorded in November — but is well down from the peak of 10.6% in October 2022. (AP Photo/Michael Probst, File)
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