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Preliminary figures put German inflation at 3.3% in September, up from 2.9% in August, with high fuel prices cited as a factor.
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Germany’s annual inflation rate rose to 3.3% in September from 2.9% in August, according to preliminary figures from the statistics agency Destatis reported by ANP/DPA. The agencies cited high fuel prices as a factor. [1]
Consumer prices increased by 0.6% from August to September. The annual inflation rate exceeded 3% for the first time since late 2023. [1]
Germany plans to cut duties on petrol and diesel from 1 October until the end of the year. ANP/DPA reports that the change is expected to lower fuel prices by 17 cents a litre. [1]
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