The inflation rate in Germany is expected to be +1.9% in August 2024. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to decline by 0.1% on July 2024. The inflation rate excluding food and energy, often referred to as core inflation, is expected to be +2.8%.

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