Trademagazin > News and articles > Market News > German inflation in October is on a nearly three decades peak
German inflation in October is on a nearly three decades peak
Inflation in Germany rose to a 28-year high in October, according to a preliminary data report by the German federal statistical office Destatis.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2015/03/mallofberlin.jpg)
Prices increased in Germany
The annual rate of increase in consumer prices in Germany rose to 4.5 percent in October, the highest since October 1993, from 4.1 percent of the previous month. Market analysts expected 4.4 percent for October. (MTI)
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 >
More related news >
Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >