Core Insights - The final data from the German Federal Statistical Office indicates that the inflation rate in Germany for October 2025 is 2.3% [1] - Following increases in August and September, where inflation rates were 2.2% and 2.4% respectively, October saw a slight decrease in inflation [1] - Service prices continue to rise at a rate above the average, remaining a primary driver of inflation [1] Inflation Details - In October, service prices in Germany increased by 3.5% year-on-year, with significant price hikes in passenger transport services (11.4%) and social institution services (8.0%) [1] - Energy product prices saw a year-on-year decline of 0.9%, with household energy prices down by 1.7%, electricity prices down by 1.4%, and light fuel oil prices down by 6.0% [1] - Food prices increased by 1.3% year-on-year, showing a noticeable slowdown compared to previous months [1] Core Inflation Metrics - Excluding energy prices, the inflation rate for October stands at 2.5%, while the core inflation rate, excluding both food and energy prices, is at 2.8% [1] - Economists predict that the inflation rate in Germany will remain above 2% in the short term, but some analysts believe the peak of inflation following the Russia-Ukraine conflict has ended [1] - Multiple economic research institutions forecast a relatively moderate inflation rate for Germany this year, estimated at around 2.1% [1]
德国10月通胀率降至2.3%
Zhong Guo Xin Wen Wang·2025-11-12 17:21