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

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

Delivery bottlenecks, price rises in energy products make largest contribution in Germany's high inflation rate

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.

Kaynak:Source of News

This news has been read 155 times in total

ADD A COMMENT to TO THE NEWS
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
Previous and Next News