Germany’s annual inflation figures have been revised!
According to the Federal Statistical Office of Germany, inflation in February was lower than previously estimated. The revised figure for Germany’s inflation now stands at 2.6%.
Earlier, the agency reported that the harmonized annual inflation rate, which allows comparisons across EU countries, remained unchanged for the second month in a row at 2.8%.
Not only the annual rate was adjusted, but also the monthly inflation rate in Germany. Experts initially reported 0.6%, but after revisions, the final figure was 0.5%. These corrections indicate a slight slowdown in price growth across the country.
Let us not forget that inflation is a key economic indicator. It affects interest rates, purchasing power, and investment decisions.
The revision of Germany’s inflation data comes amid a gradual economic recovery and ongoing uncertainty due to the current geopolitical situation.
