The inflation rate in Germany - measured as the change in the consumer price index (CPI) compared to the same month of the previous year - was +2.9% in January 2024. In December 2023 the inflation rate was +3.7% and in November 2023 it was +3.2%. The inflation rate was last lower than in January 2024 in June 2021 (+2.4%). “The inflation rate weakened at the beginning of the year,” says Ruth Brand, President of the Federal Statistical Office. “The price situation for energy products is visibly easing and food price increases are continuing to slow. “But it is still above overall inflation,” said Brand. As the Federal ... (full story)