Germany's monthly consumer inflation rate at 0.9% in February

By Tuba Sahin

ANKARA (AA) - The monthly inflation rate in Germany hit 0.9% in February in line with the previously released provisional data, according to the Federal Statistical Office (Destatis) on Friday.

Germany's annual consumer inflation rose to 5.1% in February, up from 4.9% in January, owing to delivery bottlenecks and price rises in energy products.

The prices of goods increased by 7.9% year-on-year, with energy products making the largest contribution, up 22.5%.

Georg Thiel, the president of Destatis, stressed Russia's war on Ukraine coupled with the coronavirus pandemic will create more uncertainties.

“The current price increases, especially for mineral oil products, are not yet reflected in the results for February 2022,” Thiel said.