News & Feeds February 11, 2022

German Inflation rate at +4.9% in January 2022

The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +4.9% in January 2022. In December 2021, it had been +5.3%. “The inflation rate slightly decreased in January, after it had reached its highest level in almost 30 years last December. However, it remains at a high level”, said Dr. Georg Thiel, President of the Federal Statistical Office. The Federal Statistical Office (Destatis) also reports that consumer prices were up 0.4% on December 2021. chart The inflation rate remains high although base effects have no longer applied since January 2022. These