Consumer Price Index (CPI) in Germany Increased by 2.2% YoY in November 2024

11 December 2024

The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +2.2% in November 2024. Inflation in November 2024 was particularly fuelled by above-average price increases for services. Compared with October 2024, consumer prices were down 0.2% in November 2024. The inflation rate excluding food and energy, often referred to as core inflation, was +3.0% in November 2024.

Source: Destatis
Post by: Republic of Türkiye Ministry of Trade