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Inflation rate of +4.5% expected in September 2023
The inflation rate in Germany is expected to be +4.5% in September 2023. This is the lowest level since the outbreak of the war in Ukraine. The last time a lower inflation rate was registered was in February 2022, when it stood at +4.3%. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. In August 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 increase by 0.3% on August 2023. The inflation rate excluding food and energy, often ... (full story)
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- Posted: Sep 28, 2023 8:02am
- Submitted by:Category: Medium Impact Breaking NewsComments: 0 / Views: 2,840
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