German inflation decreased in September
In September, according to the final data published by the German Federal Statistical Office, Destatis, on Wednesday, inflation in Germany fell to the lowest level since the start of the war in Ukraine.
In September, consumer prices exceeded a year earlier by 4.3 percent, according to preliminary data. In August and July, inflation was still above six percent, at 6.4 and 6.2 percent.
“The inflation rate has fallen to the lowest level since the beginning of the war in Ukraine. However, it remains high”
– said Ruth Brand, president of Destatis, adding: “the rise in food prices continues to be particularly felt by consumers”.
The prices of energy products were 1.0 percent higher in September than in the same month of the previous year, after 8.3 percent in August.
Related news
The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant…
Read more >Food prices rose at an accelerating rate in Germany
Inflation in Germany slowed down in June, according to the…
Read more >Food prices rose by 1.1 percent in Romania
Annual inflation in Romania fell to 4.9 percent in June,…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >