It is reported that GermanyInflation fell to its lowest level in nearly two and a half years in November。The data published by the Federal Statistical Office confirms previous estimates. Consumption** is 3. higher than the same period last year2%。
This is the fifth consecutive month that inflation has fallen. From October to November, consumption** fell by 04%, the largest decline in nearly a year. As a result, inflation reached its lowest level since June 2021, when it was 24%。Previously, inflation was 38% vs. 45% and 6 in August1%。
Compared to the same period last year, energy** was significantly lower by 45%。According to the data, electricity bills in November were 1.** higher than the same period last year6%。
Ruth Brand, the head of the agency, said:"Annual food inflation also continues to slow but remains significantly higher than headline inflation. Food** is 5 more than the November 2022 average5%, of which fruit (**12.)0%) and sugar, jam, honey and other confectionery (**11.)9%)
Bread, vegetables, fish and meat are also available. In contrast, cooking oils, especially butter and canola, were cheaper than the previous year, but olive oil became more expensive (up 43.).5%）。The service industry is the best 34%。The core inflation rate, which is the inflation rate excluding food and energy, is 38%。