Germany's inflation rate falls to 2.3% in January

NAMPA / DPA
2025-01-31
Berlin (dpa) - Inflation in Germany was 2.3% year-on-year in January, down from 2.6% in December, the Federal Statistical Office said in its first estimate released on Friday. In January, fuel and heating were cheaper than a year ago. Energy costs decreased by 1.6%, thereby dampening the inflation rate. Additionally, the increase in food prices slowed to 0.8% in January, following a 2% rise in December. "For consumers, the year begins with posit......
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