News Digest Item
31 Jan 2017

“Inflation in Germany increases to 1.9 percent”

Destatis / Frankfurter Allgemeine Zeitung

The inflation rate in Germany in January 2017, as measured by the consumer price index, is expected to be 1.9 percent on January 2016, according to Germany’s statistics agency Destatis. This was largely due to higher energy prices, according to an article in Frankfurter Allgemeine Zeitung. Household energy and motor fuels were 5.8 percent more expensive than a year ago. Destatis says consumer prices are expected to decline by 0.6 percent on December 2016.

Read the press release in German here and the FAZ article in German here.

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