2/10/2024 0 Comments June 1 gayThe increase in food prices continued to slow (+3.8% on a year earlier) but was still markedly higher than the overall rate of inflation. Overall index excluding food and energy 2Įnergy prices in January 2024 were 2.8% lower than in the same month a year earlier despite the discontinuation of the brake on energy prices and the introduction of a higher carbon price (only in German), which affects the price of fossil fuels such as motor fuels, heating oil and natural gas. Regarding selected product groups Overall index / subindexġ: Provisional figures. Year-on-year change in the consumer price index The inflation rate excluding food and energy, often referred to as core inflation, is expected to be +3.4%. Based on the results available so far, the Federal Statistical Office ( Destatis) also reports that consumer prices are expected to increase by 0.2% on December 2023. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. This is the lowest value since June 2021 (+2.4%). WIESBADEN – The inflation rate in Germany is expected to be +2.9% in January 2024. 0.2% on the previous month (provisional) +3.1% on the same month a year earlier (provisional) Harmonised index of consumer prices, January 2024: +0.2% on the previous month (provisional) +2.9% on the same month a year earlier (provisional)
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