GE Final CPI m/m

The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +2.3% in July 2024. The rate of change was +2.2% in June 2024 and +2.4% in May 2024. "Decreases in energy prices, in particular, are having a dampening effect on the rate of inflation," says Ruth Brand, President of the Federal Statistical Office (Destatis). "By contrast, we continue to see above-average increases in service prices," Brand adds. Compared with June 2024, consumer prices were up by 0.3% in July 2024. The ...

The inflation rate in Germany - measured as the change in the consumer price index (CPI) compared to the same month of the previous year - was +2.2% in March 2024. In February 2024 the inflation rate was +2.5% and in January 2024 it was +2.9%. This means that the inflation rate in March 2024 was as low as it was last in May 2021 (also +2.2%); an even lower value was previously determined in April 2021 (+2.0%). “The inflation rate has weakened again,” says Ruth Brand, President of the Federal Statistical Office. “The price situation ...

The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +2.5% in February 2024. The inflation rate was +2.9% in January 2024, and +3.7% in December 2023. The last time inflation was lower than in February 2024 was in June 2021, when it stood at +2.4%. "The rate of inflation has continued to slow," says Ruth Brand, President of the Federal Statistical Office. She adds: "The price situation for energy products continues to ease. The increase in food prices has slowed markedly and ...

The inflation rate in Germany - measured as the change in the consumer price index (CPI) compared to the same month of the previous year - was +2.9% in January 2024. In December 2023 the inflation rate was +3.7% and in November 2023 it was +3.2%. The inflation rate was last lower than in January 2024 in June 2021 (+2.4%). “The inflation rate weakened at the beginning of the year,” says Ruth Brand, President of the Federal Statistical Office. “The price situation for energy products is visibly easing and food price increases are ...

Consumer prices in Germany increased by an average of 5.9% in 2023 compared to 2022. As the Federal Statistical Office (Destatis) reports, the inflation rate for 2023 was lower than in the previous year. It was still at +6.9% in 2022. “The inflation rate for 2023 was below the historical high of 2022. However, it remains high at just under 6 percent. Food prices rose particularly sharply on average in 2023,” said Dr. Ruth Brand, President of the Federal Statistical Office. In December 2023, the inflation rate - measured as the change ...

The inflation rate in Germany - measured as the change in the consumer price index (CPI) compared to the same month last year - was +3.2% in November 2023. In October 2023, the inflation rate was +3.8%. The inflation rate was last lower than in November 2023 in June 2021 (+2.4%). “The inflation rate has weakened for the fifth month in a row,” says Ruth Brand, President of the Federal Statistical Office, and adds: “In October and November 2023, many energy products in particular were cheaper than a year before. The price situation has ...

The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +4.5% in September 2023. In both August and July 2023, the inflation rate stood at over 6% (+6.1% and +6.2%, respectively). "The rate of inflation has dropped to the lowest level since the start of the war in Ukraine. It remains high, however", says Ruth Brand, President of the Federal Statistical Office. She adds: "Consumers are still clearly feeling the higher food prices". The Federal Statistical Office (Destatis) also ...

The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +6.1% in August 2023. In July 2023, the inflation rate was +6.2%. “The inflation rate therefore remains at a high level”, says Ruth Brand, President of the Federal Statistical Office. She adds: “The increases in energy and food prices exceed overall inflation and keep the inflation rate high. The base effect stemming from last year’s 9-euro ticket was also apparent in August, when it drove inflation up and reduced the ...