Inflation in Germany, January 2025

Customers are waiting for checkout at a supermarket.

Markus Scholz | Picture Alliance | Getty Image

Germany's inflation rate in January was 2.8 % year -on -year.

Reading is also consistent with the forecast of economists surveyed by Reuters. The printed product is balanced in the euro area for comparability.

On each month, the coordinated consumer price index fell 0.2 %

After Germany's inflation rate in September last year, it has maintained a 2 % target of the European Central Bank for the fourth consecutive month.

This roughly reflects the broader euro zone to accelerate the development of inflation. European Central Bank said on Thursday that the dissolution of the group was "stepped into the right track" and extensively developed according to the forecast of employees.

In December, the inflation rate in the euro zone was 2.4 %. The number of January will be released next week.

According to data on Friday, the core inflation rate in Germany reduced food and energy prices. It was 2.9 % in January, a significant decrease from 3.3 % in December.

The service inflation rate is also slightly reduced, with 4 % income in January and 4.1 % in December.

Economist, a German Bank, Ebastian Becker, said in a report in a report on Friday that Germany's economic weakness seemed to be destroying.

Preliminary data released on Thursday shows that in the fourth quarter of last year, Germany's economy signed 0.2 %, which exceeded expectations.

CNBC translation said: "This has strengthened our point of view, that is, the service rate and core interest rates continue to decline with the continuation of this year." Barkel added that this shows that the Central Bank of China may adhere to its monetary policy to alleviate the course.

Inflation printing in January was one of the final key economic data released by Germany on February 23, which was originally scheduled to be originally scheduled after the closure of the league in November 2024.

Since the country has been working hard to cope with the growth of economic growth and inflation rate, the German economy has always been one of the main themes during the campaign.

Earlier this week, after the government's GDP contracted in the past two years, the GDP of the whole year was reduced by 0.3 % throughout the year. Although the economy has now avoided the technological recession characterized by contraction in two consecutive quarters, quarterly growth has also been slow.

The government added in its annual economic report that it is expected that this year's non -hormonal inflation rate is expected to be an average of 2.2 % this year.