![]() ![]() The current energy price development is also influenced by other factors, for example the downward trend of prices at upstream stages in the economic process (only in german). There had been large price increases as a result of the Russian attack on Ukraine. The fact that the increase in energy prices has been below average since March 2023 is mainly due to a base effect from the previous year. Prices of energy products up 3.0% year on yearĮnergy product prices in June 2023 were 3.0% higher than in the same month a year earlier, following a 2.6% increase in May 2023. There also is a base effect due to the Federal Government’s relief measures of 2022 – the 9-euro ticket and the fuel discount, – which pushes up the current rate of inflation.“ The Federal Statistical Office ( Destatis) also reports that consumer prices in June 2023 rose by 0.3% on May 2023. She adds: “Food remained the biggest driver of inflation. “The rate of inflation therefore increased slightly again after slowing for three months in a row,” says Ruth Brand, President of the Federal Statistical Office. In May 2023, the inflation rate was +6.1%. WIESBADEN −The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +6.4% in June 2023. +0.4% on the previous month (provisional result confirmed) +6.8% on the same month a year earlier (provisional result confirmed) Harmonised index of consumer prices, June 2023 +0.3% on the previous month (provisional result confirmed) +6.4% on the same month a year earlier (provisional result confirmed)
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |