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Inflation rate of 2.5% expected in February 2024
The inflation rate in Germany is expected to be 2.5% in February 2024. This is the lowest level since June 2021 (+2.4%). The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to increase by 0.4% on January 2024. The inflation rate excluding food and energy, often referred to as core inflation, is expected to be 3.4%. table Energy prices in February 2024 were 2.4% lower than in the same month a year earlier despite the ... (full story)