The price increase in Germany had recently slowed down somewhat.
(Photo: AP)
Frankfurt The inflation rate in Germany in January compared to the same month last year was around 8.7 percent increased. This was announced by the Federal Statistical Office on Thursday based on a preliminary estimate. Compared to December, the value increased again slightly.
Most recently, the inflation rate had steadily decreased since October. Economists had previously expected a rate of 9.4 percent. In December, the inflation rate was 8.6 percent compared to the same month last year.
The figures were originally supposed to be published on Tuesday of last week. However, the date had to be postponed due to a technical problem. The inflation figures for the euro area from Wednesday last week therefore did not contain any current values for Germany. Overall, the inflation rate for the euro area could now be higher.