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Inflation rate at +2.2% in April 2024
The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +2.2% in April 2024. It also stood at +2.2% in March 2024, while in February 2024 the rate of change was +2.5%. “The rate of inflation has been below three per cent since the start of the year. Energy and food prices, in particular, have had a dampening effect on the inflation rate since January 2024”, says Ruth Brand, President of the Federal Statistical Office. “However, core inflation – measured as the change in the consumer price index excluding food and energy – has been higher than overall ... (full story)