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Mmastodon BusinessEconomy first seen 10 h ago, last 5 h ago, peak #8

German inflation rises to 3.3 percent in September

Original: Danke an Merz und Reiche. "Die Verbraucherpreise lagen im September um 3,3 Prozent über dem Niveau des Vorjahresmonats,

Consumer prices in Germany rose 3.3 percent year-on-year in September, up from 2.9 percent in August, according to preliminary figures from the Federal Statistical Office. Commentators are using the uptick to criticise Chancellor Friedrich Merz and Finance Minister Klingbeil's economic stewardship, sarcastically thanking them for the higher inflation rate.

Why now: Inflation in Germany accelerated for the first time in months, renewing criticism of the government's economic policies.

Friedrich MerzStatistisches BundesamtGermany

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