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Inflation rate of +2.2% expected in April 2024
The inflation rate in Germany is expected to be +2.2% in April 2024. 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 0.5% on March 2024. The inflation rate excluding food and energy, often referred to as core inflation, is expected to be +3.0%. table Energy prices in April 2024 were 1.2% lower than in the same month a year earlier despite the discontinuation of the brake on energy prices as of ... (full story)