Germany’s inflation rate has risen for the third consecutive month, signaling ongoing price pressures in the economy. This marks a continued trend of rising costs for goods and services. Inflation rate in Germany rises to 2.9% on the Euro area measure.
Consumer price index, December 2024:
+2.6% on the same month a year earlier (provisional)
+0.4% on the previous month (provisional)
+2.2% on an annual average in 2024 compared with 2023 (provisional)
Harmonised index of consumer prices, December 2024:
+2.9% on the same month a year earlier (provisional)
+0.7% on the previous month (provisional)
+2.5% on an annual average in 2024 compared with 2023 (provisional)
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