German inflation eases to 2.8% in October from September
In short
German inflation settled at 2.8% for the month of October. This performance reflects a drop from the pace recorded across the nation in September. The fresh figures confirm that the overarching rate of inflation has retreated from the prior month's level.
Key points
- National inflation figures in Germany fell to 2.8% for the month of October.: National inflation figures in Germany fell to 2.8% for the month of October.
- The latest economic data confirms price growth subsided following the rate observed in Se…: The latest economic data confirms price growth subsided following the rate observed in September.
- Price pressures across Germany experienced a downward shift between September and October.: Price pressures across Germany experienced a downward shift between September and October.