German Inflation Accelerates Slightly More than Expected in September
Energy inflation climbed to 14.9%, lifting Germany’s overall consumer prices above Reuters forecasts.
- On Wednesday, German inflation rose to 3.3% in September, exceeding analyst expectations as energy costs surged significantly.
- Energy inflation jumped to 14.9% in September from 10.5% in August, driven by price shocks linked to the war in Iran.
- Core inflation, which excludes volatile energy and food prices, remained unchanged at 2.4% for the third consecutive month.
- European inflation is expected to reach 3.6% in September, rising from 3.2% the previous month according to economists polled by Reuters.
- Analysts polled by Reuters had forecast the EU-harmonised consumer price index at 3.2% in September, compared with 2.9% the month before.
12 Articles
12 Articles
German inflation accelerates slightly more than expected in September ...
volksfreund.de
The Iran war has made life in Germany as much more expensive than it has been for almost three years. The new tank discount should provide some relief - but only in the short term.
Record high fuel prices have driven inflation in Germany to the highest level since the end of 2023. Goods and services rose by 3.3 percent compared to the same month of the previous year, compared to 2.9 percent in August, as reported by the Federal Statistical Office on Wednesday at its first estimate. Oil prices are temporarily higher than the 100 % mark due to the Middle East war.
Germany ' s annual inflation in September, according to a preliminary estimate, accelerated to 3.3 per cent, with 2.9 per cent a month earlier, according to a press release issued by the Federal ... 30.09.2026, PRIM
Inflation in Germany rose to 3.3 percent in September - the highest level in almost three years. The reason for this is expensive energy as a result of the Iran war: fuel and energy increased by 14.9 percent. A new fuel discount from October is expected to relieve the burden, but economists expect ECB interest rate increases.
The Iran war has made life in Germany as much more expensive than it has been for almost three years. The new tank discount should provide some relief – but only in the short term.
Coverage Details
Bias Distribution
- 71% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
