According to the country's Federal Statistical Office, inflation in Germany at the end of November 2023 was down to 3.2% compared to November 2022. In October, this figure had increased by 3.8%.
Thus, inflation in the country reached its lowest level since June 2021. Compared to October, the inflation rate in Germany decreased by 0.4%. Energy prices decreased by 4.5% in November compared to November last year. In October, this figure had increased by 3.2%.
Industrial production in Germany at the end of September this year decreased by 1.4% compared to the previous month, taking into account seasonal and calendar factors.
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