The inflation rate in Germany - measured as the change in the consumer price index (CPI) compared to the same month last year - was +3.2% in November 2023. In October 2023, the inflation rate was +3.8%. The inflation rate was last lower than in November 2023 in June 2021 (+2.4%). “The inflation rate has weakened for the fifth month in a row,” says Ruth Brand, President of the Federal Statistical Office, and adds: “In October and November 2023, many energy products in particular were cheaper than a year before. The price situation has visibly relaxed here. Annual inflation for food has also continued to weaken, but ... (full story)