Inflation in Germany confirmed at 1.7 percent


Inflation in Germany rose in January to 1.7 percent on an annual basis, from 1.5 percent in December. The German Federal Statistical Office reported this on the basis of a definitive figure. This brought inflation to the highest level in nine months.

On a monthly basis, German consumer prices fell by 0.6 percent, against a plus of 0.5 percent a month earlier. On the basis of the European harmonized measurement method, German inflation amounted to 1.6 percent on an annual basis, compared to 1.5 percent in December.

About the author

Lesley Woutersen

Lesley Woutersen, one of the co-founders of the EconomicInform gives away all of his free time to the project. He is interested in stock exchange and digital assets. Lesley can be reached by [email protected]

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts