Food prices rose by 0.9 percent in February compared to a year earlier in Germany
In February, inflation in Germany fell to a two-and-a-half-year low, according to the final data published by the German Federal Statistical Office, Destatis, on Tuesday.
In February, the consumer price index fell to 2.5 percent, the same as the preliminary estimate, from 2.9 percent in January in Germany, according to the final data. In December, inflation was still 3.7 percent.
Inflation lower than in February this year was last measured in June 2021 in Germany, at 2.4 percent.
In February, consumer prices rose by 0.4 percent compared to the previous month, also by the same amount as the preliminary data. In January, the monthly price increase was 0.2 percent.
“The inflation rate continued to weaken”
said Ruth Brand, President of the Federal Bureau of Statistics.
Related news
Kaufland To Join Buying Alliance AgeCore In 2025
German retail chain Kaufland is set to join the AgeCore…
Read more >6 out of 10 companies are planning a price increase
According to the results of the April half-year business cycle…
Read more >GfK’s German consumer sentiment index for August improved
The German consumer sentiment index of the Nuremberg economic research…
Read more >Related news
Valeo Foods Completes Acquisition Of Appalaches Nature
Valeo Foods Group has completed the acquisition of Appalaches Nature,…
Read more >Carrefour grows in France and Brazil, lags behind in rest of Europe
Carrefour says it is rather pleased with its financial results…
Read more >Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items…
Read more >