With information from EFE
Inflation in Germany it shot up this November to 5.2%, its highest level since 1992, according to the still provisional figures released today by the federal Department of Statistics (Destatis) of that country.
In October, the interannual rate was already 4.5%, while last September it was 4.1%. The main cause of this price hike is energy, with a 22.1% rise compared to the same month in 2020.
In addition, food became more expensive by 4.5%, while the services sector did so by 2.8% and housing rentals by 1.4%.
Compared to the previous month, the rise in the consumer price index (CPI) was 0.2%, according to Destatis estimates, based on data from several of the sixteen German federal states.
On the other hand, the harmonized rate, according to the parameters of the European Union (EU), was 6% year-on-year and 0.3% compared to October. It was known that Destatis will release the final data on the evolution of the November CPI on December 10.
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