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Inflation rate of 10.0% expected in September 2022

From destatis.de

The rate of inflation in Germany is expected to be +10.0% in September 2022. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. In August 2022, the inflation rate had been +7.9%. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to increase by 1.9% on August 2022. {table} Energy prices, in particular, have increased considerably since the war started in Ukraine and have had a considerable impact on the high inflation rate. Energy prices were 43.9% higher in September ... (full story)

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  • Category: Low Impact Breaking News