Inflation Rate of 3.2% Expected in November 2023 in Germany

30 November 2023

The inflation rate in Germany is expected to be 3.2% in November 2023. This is the lowest level since June 2021 (2.4%). Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices are expected to decline by 0.4% on October 2023. The inflation rate excluding food and energy, often referred to as core inflation, is expected to be 3.8%. (October 2023: 4.3%)

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