Fewer companies want to raise their prices in the coming months. In January, the inflation rate in Germany fell to 2.9 percent.

This is the lowest level in around two and a half years. In Europe, the aim is generally to achieve inflation of 2.0 percent. The Federal Statistical Office wants to publish an initial estimate of inflation for February on Thursday. For February, economists surveyed by the Reuters news agency predict a further decline to two.6 percent. In February, the barometer for price expectations fell to 15.0 points.