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People buy and walk in shopping streets in the center of the city of Munich, Baviera, Alto Baviera, Germany, on February 20, 2025.
Michael Nguyen | Nurphoto | Getty images
The German annual inflation reached a 2.8% higher but higher than expected in February, the provisional data of the statistical agency destroyed on Friday.
The impression is harmonized in the euro area for comparability.
February printing is compared to an estimate of 2.7% of economists surveyed by Reuters. He January Harmonized annual inflation reading had reached 2.8%, without changes since December.
The German inflation had fallen below the objective of the European Central Bank of 2% in September last year, but it was accelerated later and has remained above the crucial brand for five months in a row now.
The German data arrive before the impression of the consumer price index for the euro zone on Monday and the ECB’s last decision later. The Central Bank in January reduced interest rates for the fifth time since it began to relieve monetary policy last summer and markets have a broad price in another adjustment on Thursday.
The figures are also one of the first key points of economic data that will be published from the German election Last weekend, in which the conservative alliance between the Christian Democratic Union and the Christian Social Union secured most of the votes.
This puts your main candidate Friedrich Merz Online to assume the position of Olaf Scholz as Chancellor, although it seems likely that the CDU-CSU forms a ruling coalition with the Social Democratic Party of Scholz.
The economy was a hot topic during the campaign, with Merz suggesting that its policy plans, including corporate income and taxes, less bureaucracy, changes in social benefits and deregulation, would give the country’s economy a necessary impulse. The Gross Domestic Product of Germany has been around the territory of the recession for a long time, and 0.2% was reduced after the price, seasonal and calendar settings in the last quarter of 2024 since the previous three months, according to desatis.
This last -minute news is being updated.