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Inflation rate expected to be +5.1% in February 2022
The inflation rate in Germany is expected to be +5.1% in February 2022. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to increase by 0.9% on January 2022. table The inflation rate remains high despite the fact that the base effects caused by the temporary reduction of value added tax rates and the sharp decline in mineral oil product prices in 2020 have no longer had an impact since January 2022. Covid-19-related ... (full story)