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German harmonized inflation eases to 9.6% y/y in December

Published 01/17/2023, 02:16 AM
Updated 01/17/2023, 02:20 AM
© Reuters. The sun sets behind the skyline of Frankfurt, Germany, August 30, 2022.  REUTERS/Kai Pfaffenbach

BERLIN (Reuters) - German inflation eased further in the final month of 2022, with consumer prices rising by 9.6% year on year in December in harmonised terms, the federal statistics office said on Tuesday, confirming preliminary data.

© Reuters. The sun sets behind the skyline of Frankfurt, Germany, August 30, 2022.  REUTERS/Kai Pfaffenbach

This compared with an annual harmonised inflation rate of 11.3% in November and 11.6% in October.

For the whole of 2022, harmonised inflation came in at 8.7%, said the office, which publishes more detailed data on its website.

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