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Textiles

Prime Content | 
Germany's inflation rate hits lowest since August 2021

31 Oct '23
1 min read
Pic: Adobe Stock/visuals6x
Pic: Adobe Stock/visuals6x

Insights

  • Germany's expected inflation rate for October 2023 is 3.8 per cent, marking its lowest level since August 2021.
  • Consumer prices are anticipated to remain stable compared to September 2023.
  • Core inflation, which excludes food and energy costs, is expected to be 4.3 per cent.
  • There was a significant YoY drop of 3.2 per cent in energy prices.
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