According to data from the Federal Statistical Office in GermanyThe consumer price index rose in September by 1.6 percent annually, compared to 1.9 percent in the previous August, which was in line with preliminary estimates issued on September 30 last year.
At the same time, the data showed a declining rate Inflation To its lowest levels since February 2021, when it recorded 1.5 percent annually.
The data also showed that the prices of goods decreased by 0.3 percent, while the prices of services increased by 3.8 percent annually. On a monthly basis, the consumer price index last month remained unchanged, which was in line with initial estimates.
The inflation rate in Germany – according to the European Union’s unified index – reached 1.8 percent annually, compared to 2 percent in August, while the monthly inflation rate – according to this index – reached negative 0.1 percent, which is the same rate recorded in the month before last, and economists expect, Inflation in Germany will continue to decline.
