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Inflation rate expected to be +7.6% in June 2022
The inflation rate in Germany is expected to be +7.6% in June 2022. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. In May 2022, the rate of inflation had been +7.9%. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to rise by 0.1% on May 2022. table Energy prices, in particular, have increased considerably since the war started in Ukraine and have had a considerable impact on the high inflation rate. In June 2022, energy prices rose by 38.0% year on year, an increase which is ... (full story)