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Inflation rate expected to be +3.7% in December 2023

From destatis.de

The inflation rate in Germany is expected to be +3.7% in December 2023. The inflation rate is measured as the change in the consumer price index (CPI) compared to the same month of the previous year. According to the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to rise by 0.1% compared to November 2023. On average in 2023, the inflation rate is expected to be +5.9%. {table} There was a base effect on the development of energy prices in December 2023 (+4.1% compared to the same month of the previous year) as a result of the so-called " December ... (full story)

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