German Inflation Accelerates Slightly More than Expected in September
Core inflation held at 2.4% for a third month as energy inflation rose to 14.9%, Reuters said.
- On Wednesday, preliminary data showed German inflation rose to 3.3% year-on-year in September, accelerating faster than prior months.
- Driven by energy price shocks from the Iran war, Germany's inflation acceleration mirrors inflationary pressures across other European economies.
- Energy inflation surged to 14.9% in September from 10.5% in August, while core inflation remained unchanged for the third consecutive month at 2.4%.
- Economists polled by Reuters expect European inflation to reach 3.6% in September, up from 3.2% the previous month.
- Against a prior 2.9% reading, analysts had forecast the EU-harmonised consumer price index at 3.2% in September.
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(Berlin=Yonhap News) Correspondent Kim Gye-yeon = German consumer prices this month rose 3.3% compared to September of last year and 0.6% compared to last month, according to the German Federal Statistical Office...
Inflation in Germany rose to over three percent for the first time in almost three years in September. This is mainly due to massive increases in energy prices.
German inflation accelerates slightly more than expected in September ...
Federal Statistical Office: WIESBADEN (ots) - Consumer price index, September 2026: +3.3% on the same month of the previous year (provisional) +0.6% on the previous month (provisional) Harmonised consumer price index, September 2026: +3.3% on the same month of the previous year (provisional) +0.6% on the previous month ...
High energy prices have driven inflation through the three percent mark for the first time since the end of 2023. Food is a surprise.
Consumer prices in September were 3.3 percent above the level of the previous year's month – after 2.9 percent inflation in August, as reported by the Federal Statistical Office on the basis of provisional figures.
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