German inflation expected to more than double in December, giving boost to ECB

By Joseph Nasr and Michael Nienaber BERLIN (Reuters) - German annual inflation probably more than doubled in December, hitting what would be the highest level in more than three years and giving a welcome boost to the European Central Bank, regional data suggested on Tuesday. This is close to the European Central Bank's inflation target of near 2 percent. The ECB has been pouring money into the euro zone economy in an attempt to boost inflation from a near-deflationary level, so Tuesday's strong