Consumer Price Index in Germany Increased by 2.2% YoY in June 2024

11 July 2024

The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +2.2% in June 2024. In May 2024, the rate of change was +2.4%, and +2.2% in both April and March 2024. Compared with May 2024, consumer prices were up by 0.1% in June 2024.

The inflation rate excluding food and energy, often referred to as core inflation, stood at +2.9% and was below the three percent mark for the first time since February 2022 (+2.8%).

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