Illustrative image - Photo: THX
According to preliminary estimates from the German Federal Statistical Office (Destatis), the average price of goods and services in September rose by 2.4% compared to the same period last year. This figure is higher than economists ' forecasts of 2.3%. Compared to August, consumer prices in Germany increased by 0.2%.
Energy prices continued to be cheaper, falling 0.7% year-on-year. Conversely, service prices rose an average of 3.4%. Food prices were 2.1% higher. This was also a group of goods where some states recorded significant increases. In the most populous state of North Rhine-Westphalia, fruit prices rose by 7.1% and egg and dairy prices increased by 3.8% in September. In Hesse, prices of sugar, jams, honey, and other confectionery increased by 4.1%, while prices of fats and cooking oils decreased by 3.4%.
Figures show that inflation in Germany has also been more persistent than expected: Excluding volatile food and energy prices, Germany's core inflation has remained at 2.7% for three consecutive months and rose to 2.8% in September.
The European Central Bank (ECB) sets an inflation target of 2% for the Eurozone. By that standard, Germany's current inflation rate exceeds this target.
August 2025 marked the first time this year that inflation in Germany rose slightly, with consumer prices 2.2% higher than the same period last year. This was partly due to soaring food prices, pushing inflation in Europe's largest economy back above 2%.
Source: https://vtv.vn/lam-phat-o-duc-cham-muc-cao-nhat-tu-dau-nam-2025-100251001164046138.htm
Comment (0)