Germany inflation cpi

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Germany inflation cpi: 2.2 (-8.33%)
Last Update: July 31, 2024

Germany inflation cpi closed down 2.2 as of July 31, 2024 from 2.4 from the previous month and 6.2 from last year.


Germany inflation cpi Analytics & Data




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Germany inflation cpi

DateValues
2024-07-31 2.2
2024-06-30 2.4
2024-05-31 2.4
2024-04-30 2.2
2024-03-31 2.2
2024-02-29 2.5
2024-01-31 2.9
2023-12-31 3.7
2023-11-30 3.2
2023-10-31 3.8
2023-09-30 4.5
2023-08-31 6.1
2023-07-31 6.2
2023-06-30 6.4
2023-05-31 6.1
2023-04-30 7.2
2023-03-31 7.4
2023-02-28 8.7
2023-01-31 8.7
2022-12-31 8.1
2022-11-30 8.8
2022-10-31 8.8
2022-09-30 8.6
2022-08-31 7

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Germany inflation cpi Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
inflation cpide.inflationcpi2.22.4-8-65DownDown02024-07-31

Germany inflation cpi Factors

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Germany inflation cpi Historical Data

The MacroVar database offers free access to historical data for the Germany inflation cpi, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Germany inflation cpi data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Germany inflation cpi

In Germany, inflation is measured by the Consumer Price Index (CPI), which tracks the average change in prices paid by consumers for a basket of goods and services over time. When the CPI increases, it indicates that the cost of living is rising and that the purchasing power of the currency is decreasing. This can be a concern for consumers, as their money may not go as far as it used to. On the other hand, moderate inflation can also be a sign of a healthy economy, as it can encourage spending and investment. The German government and central bank closely monitor inflation and may take measures to control it if it becomes too high or too low.

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