German October Inflation Confirmed at 2.8%
34 Articles
34 Articles
Germany's annual inflation rate slowed to 2.8% in October 2026, due to the nearly three-year peak of 3.3% recorded in September, confirming the initial estimates. The slowdown was partly due to the new fuel discount introduced at the beginning of October, which will remain in effect until the end of the year. Energy inflation slowed from 14.9% to 12.2%, with price growth cooling for automotive fuels (28.9% vs. 37.1%), although oil prices for hea…
The fuel discount provided significant relief for consumer prices in Germany in October. Economists consider the effect to be temporary. There are reasons for this.
Zeit Online
German inflation drops to 2.8% in October on an annual basis. The figure is in line with the estimates and compares with the previous 3.3%. On a monthly basis the decrease is 0.2%, as forecast, compared with the increase of 0.6% recorded in September. (ANSA)
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