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.
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
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
Bank360: The government will introduce automatic inflation-tracking tax increases
The government is introducing automatic tax increases for several taxes.…
Read more >
Lidl Announces Digital Partnership With Disney+
Lidl customers in Germany who use the Lidl Plus app…
Read more >
More related news >
Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >
