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Mmastodon BusinessEconomy first seen 3 h ago, last 54 min ago, peak #9

German inflation rises to 3.3 percent in September

Original: Danke an Merz und Reiche. "Die Verbraucherpreise lagen im September um 3,3 Prozent über dem Niveau des Vorjahresmonats,

Germany's inflation rate climbed to 3.3 percent in September, up from 2.9 percent in August, according to preliminary figures from the Federal Statistical Office. Critics are sarcastically thanking Chancellor Friedrich Merz and Finance Minister Lars Klingbeil's successor debate figure Reiche for the increase, framing the rise as a failure of the government's economic policy.

Why now: Inflation accelerated notably after a period of decline, prompting criticism of the new German government's economic handling.

Friedrich MerzKatharina ReicheStatistisches BundesamtGermany

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