German Inflation Rate Projected at 1.6% for September

Consumer prices in Germany held steady in September, but core inflation rose.

Germany’s inflation rate for September 2024 is predicted to be +1.6%, based on the change in the Consumer Price Index (CPI) compared to the same month last year. Preliminary data from the Federal Statistical Office (Destatis) indicates that consumer prices are expected to stay the same as in August 2024. Core inflation, which excludes food and energy prices, is estimated to be +2.7%.

Source: Destatis Statitiches Bundesamt

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