Energy prices drive inflation

Published on: November 16, 2018 / Update from: November 15, 2021 - Author: Konrad Wolfenstein

Consumer prices in Germany are currently rising sharply . On average, they were 2.5 percent higher in October than in the corresponding month of the previous year. The driving factor here is the prices for household energy and fuels: the price level in October was 8.9 percent higher than the previous year.

Energy prices drive inflation – Image: Statista