| Germany's inflation rate hits lowest since August 2021
31 Oct 23 1 min read
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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