inflation
The inflation rate in Germany remained unchanged in April after declines in the three consecutive preceding months. Consumer prices in April rose by 2.2% more than in the same month last year, the Federal Statistical Office said in a preliminary reading on Monday. The last time the annual inflation rate was lower was in April 2021, when it was 2%. In December last year the rate stood at 3.7%, and has been falling steadily since then. Consumers paid 0.5% more for food in April than a year earlier. By contrast, prices for household energy fell by 1.2% - despite the expiry of the temporary VAT re...
DPA International
Inflation in Germany weakened further in March, with consumer prices falling to 2.2% above the same month last year from 2.5% in February, according to preliminary data released by the Federal Statistical Office on Tuesday. This is the lowest figure since April 2021, when it was 2%. In January, the annual inflation rate was 2.9%. Despite the expiry of the energy price cap at the beginning of the year and the increase in the carbon price to €45 ($48.36) per ton of carbon dioxide (CO2), energy became 2.7% cheaper in March.
DPA International
Inflation in Germany weakened further in March, with consumer prices falling to 2.2% above the same month last year from 2.5% in February, according to preliminary data released by the Federal Statistical Office on Tuesday. This is the lowest figure since April 2021, when it was 2%. In January, the annual inflation rate was 2.9%. Despite the expiry of the energy price cap at the beginning of the year and the increase in the carbon price to €45 ($48.36) per ton of carbon dioxide (CO2), energy became 2.7% cheaper in March. Consumers paid 0.7% less for food than a year earlier, the first time sin...
DPA International
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