Wiesbaden, Germany (dpa) – Inflation in Germany climbed in October to a Two-year High. Consumer prices rose month-on-month by 0.8 percent, the Federal statistics office in Wiesbaden announced. The authority confirmed the preliminary Figures.
such A high inflation rate had last seen in October 2014. In September, the inflation rate was 0.7 percent and in August at 0.4 per cent. Consumer had to pay in comparison to the prior-year period, among other things, to Hire significantly more. The price-dampening effect of lower energy prices weakened further. In comparison to September 2016, the consumer prices rose a slight 0.2 percent.