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Germany’s Inflation Rate Eases to 2.8% in October

The rate fell 0.5 percentage point from September, when inflation rose from 2.9% in August.

Brass rails descend beside orderly rows of packaged goods / TokenPost.ai
Brass rails descend beside orderly rows of packaged goods / TokenPost.ai

Germany’s inflation rate fell to 2.8% in October from 3.3% in September, reversing the previous month’s increase and marking a 0.5 percentage-point decline.

The September reading had risen from 2.9% in August. The October figure adds a new monthly reading to Germany’s September inflation data.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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