1 dataset found
  1. Inflation rate in Germany 1992-2024

    • ai-chatbox.pro
    • statista.com
    Updated Jan 13, 2025
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    Statista Research Department (2025). Inflation rate in Germany 1992-2024 [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F1903%2Fgermany%2F%23XgboDwS6a1rKoGJjSPEePEUG%2FVFd%2Bik%3D
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    Dataset updated
    Jan 13, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Area covered
    Germany
    Description

    The German inflation rate has returned to normal levels of around 2.2 percent, based on preliminary figures for 2024. Compared to skyrocketing rates in 2022 and 2023, this can be seen as an improvement of the national economic situation. Various factors influenced the recent development of inflation in Germany. These are the same that pushed inflation levels around the rest of the world, particularly since the beginning of the Russia-Ukraine war in 2022. The most recent recorded annual inflation rate in Germany is within the normal range defined by central banks internationally, which is generally between 1.5 and four percent a year. The 2.2 percent for 2024 are not only noticeably lower than the preceding two years, but also less than in 2021, one of the COVID-19 pandemic lockdown years in Germany. 2022 and 2023 followed on the heels of the challenges posed by the pandemic which were already straining the national economy: supply chain interruptions and delays, transport problems, labor shortages across sectors and industries. These issues continue to partially impact the economy today.

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TwitterTwitter
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Click to copy link
Link copied
Close
Cite
Statista Research Department (2025). Inflation rate in Germany 1992-2024 [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F1903%2Fgermany%2F%23XgboDwS6a1rKoGJjSPEePEUG%2FVFd%2Bik%3D
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Inflation rate in Germany 1992-2024

Explore at:
Dataset updated
Jan 13, 2025
Dataset provided by
Statistahttp://statista.com/
Authors
Statista Research Department
Area covered
Germany
Description

The German inflation rate has returned to normal levels of around 2.2 percent, based on preliminary figures for 2024. Compared to skyrocketing rates in 2022 and 2023, this can be seen as an improvement of the national economic situation. Various factors influenced the recent development of inflation in Germany. These are the same that pushed inflation levels around the rest of the world, particularly since the beginning of the Russia-Ukraine war in 2022. The most recent recorded annual inflation rate in Germany is within the normal range defined by central banks internationally, which is generally between 1.5 and four percent a year. The 2.2 percent for 2024 are not only noticeably lower than the preceding two years, but also less than in 2021, one of the COVID-19 pandemic lockdown years in Germany. 2022 and 2023 followed on the heels of the challenges posed by the pandemic which were already straining the national economy: supply chain interruptions and delays, transport problems, labor shortages across sectors and industries. These issues continue to partially impact the economy today.

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