German inflation accelerates slightly more than expected in September
EWG•Germany’s inflation rate rose to 3.3% year over year in September, above the 3.2% forecast and up from 2.9% in August. Energy inflation climbed to 14.9%, while core inflation held at 2.4%.
1. Energy prices rise
Germany’s inflation accelerated in September, with preliminary data showing the harmonised consumer price index up 3.3% year over year, compared with 2.9% in August. Energy inflation rose to 14.9% from 10.5%, while core inflation remained at 2.4% for a third consecutive month.
