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Germany: inflation soars to 6% in November, exceeding estimates

2021-11-29T13:42:55.541Z

In Germany, the inflation index, harmonized with EU standards, jumped to 6% in November on an annual basis from 4.6% in October. It is the preliminary estimate and exceeds the average forecast by + 5.5%. (HANDLE)



(ANSA) - ROME, NOV 29 - In Germany, the inflation index, harmonized with EU standards, jumped to 6% in November on an annual basis from 4.6% in October.

It is the preliminary estimate and exceeds the average forecast by + 5.5%.

On a monthly basis there is a slowdown to + 0.3% from + 0.5% the month before, but the economists were aiming at -0.2%.


    The national consumer price index recorded a trend rise of 5.2%, the largest increase since 1992. (ANSA).


Source: ansa

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