Germany's annual inflation rate hits record level in October

  11 November 2022    Read: 561
Germany

Germany's annual inflation rate increased to 10.4% in October, up from 10% in September, official figures showed on Friday, AzVision.az reports citing Anadolu Agency. 

The rate hits the highest level since the reunification of the country, the German statistical office Destatis said.

Energy prices continued to be the main reason for price increases in the country, Georg Thiel, the head of Destatis, noted.

The monthly inflation rate was also at 0.9% in October, Destatis added.


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