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Inflation rate in March 2024 at +2.2%
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 for energy and food dampened the inflation rate for the second month in a row. ... (full story)