In 2022, consumer prices in Germany increased by an annual average of 7.9% compared to 2021. The Federal Statistical Office (Destatis) reports that the rate of price increase on an annual basis was significantly higher than in previous years. previous.
In 2021 it was +3.1%.
"The historically high annual inflation rate was mainly driven by the
extreme rise in energy and food prices after the start of the war
in Ukraine," says Ruth Brand, the new president of the Federal Statistical Office.
In Germany in December 2022, the inflation rate, measured as the annual change in the consumer price index, stood at +8.6%.
Although it slowed down towards the end of the year, it remained at a "high level", notes the German statistics office.