Inflation in Germany kept above average expensive services and food in February over the two percent mark. The Federal Statistical Office has confirmed preliminary calculations according to which consumers were 2.3 percent higher than in the previous year of the previous year.
The energy prices that were 1.6 percent lower in the year. According to the information, the price lift for food has accelerated again. With 2.4 percent, it was just above general inflation. It was the highest rate of increase since January 2024.
At the beginning of the year, the price lift had lost speed after three climbs in a row. In December, the inflation rate was still 2.6 percent. From January to February of the current year, goods and services were also 0.4 percent of the Federal Office, which were also confirmed by the Federal Office.
Many economists: Inside, the fact that inflation in Germany will go back in the course of the year – if maybe not quite as quickly as hoped for at first. Higher inflation rates reduce people’s purchasing power because they can then afford less for one euro.