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Inflation rate of +10.0% expected in November 2022 – a slight decrease on the previous month

From destatis.de

The inflation rate in Germany is expected to be +10.0% in November 2022. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. In October 2022, the inflation rate had been +10.4%. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to decline by 0.5% compared with October 2022. {table} Energy and food prices, in particular, have increased considerably since the war started in Ukraine and have had a substantial impact on the inflation rate. In November 2022, food prices ... (full story)

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  • Category: Low Impact Breaking News