The inflation rate in Germany is expected to be +6.4% in June 2023. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. In May 2023, the inflation rate was +6.1%. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to rise by 0.3% on May 2023. The inflation rate excluding food and energy, often referred to as core inflation, is expected to be 5.8% (May 2023: +5.4%). In June 2023, food prices continued to show above-average growth (+13.7%) compared with the same month of the previous ... (full story)