German inflation in October is on a nearly three decades peak

By: Trademagazin editor Date: 2021. 10. 29. 11:03
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