In 2024, consumer prices in
Germany increased by 2.2% on an annual average compared to 2023.
According to the Federal Statistical Office (Destatis), the
inflation rate in 2024 was significantly lower than the previous
three years. On an annualised basis, inflation was +5.9% in
2023, +6.9% in 2022, and +3.1% in 2021, respectively.
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