Инфляция
In January 2024, inflation in Germany slowed to 2.9% compared to January 2023. In December, the rate increased by 3.7% y/y. Thus, inflation in the country reached its lowest level since June 2021 (+2.4%). This is evidenced by data from the German Federal Statistical Office Destatis.
Compared to December 2023, the inflation rate in Germany increased by 0.2%.
Energy prices in January decreased by 2.8% compared to January 2023, restraining inflation. In December, this figure increased by 4.1% y/y.
Food prices increased by 3.8% y/y over the month, compared to 4.5% y/y in December.
In January, core inflation in Germany amounted to +3.4%, slowing down from 3.5% in December.
As GMK Center reported earlier, inflation in Germany slowed to +5.9% in 2023 compared to +6.9% in 2022. In 2023, energy prices in Germany increased by 5.3% y/y after a significant increase of 29.7% in 2022. Core inflation in 2023 was +5.1% after +3.8% in 2022.
German economy decreased by 0.3% in 2023 compared to 2022. The figure fell for the first time since 2020, driven by high inflation, rising interest rates and a downturn in economic activity both at home and abroad. Adjusted for inflation and calendar factors, Germany’s economy shrank by 0.1% y/y in 2023.
Prices for square billets on most regional markets in May were quite stable, with a…
At the Forbes Money forum held on May 30, 2025, in Kyiv, business and government…
The Indian government is assessing the possibility of raising the safeguard duty on steel to…
Last week, from May 24 to 31, 2025, global iron ore prices showed a downward…
The biggest problems of cargo owners during rail transportation are the inflexibility of pricing by…
The European Union is preparing for another round of trade talks with the United States.…