Germany’s final September CPI rose 3.3% year-on-year and 0.6% month-on-month, confirming provisional results, Destatis said on 13 October. Annual inflationInflationInflation refers to a sustained rise in the general price level that reduces the purchasing power of money. The term belongs in Level 7 because it helps connect macro conditions...Read More increased from 2.9% in August. Energy prices rose 14.9%, while core inflation remained 2.4%.

Rising household energy costs remain a concern as electricity and fuel prices put pressure on family budgets. Changes in energy prices can also influence inflation and consumer spending, while policymakers monitor affordability and the broader economic impact on households and businesses.