Annual inflation in Germany rose to its highest level in its history in September

Inflation in Germany rose for the month of September of 2022 to record 10%, in line with expectations, to be at its highest levels in its history.

The annual inflation in Germany was 7.9% in August of this year.

This high inflation rate, the highest rate ever, highlights the impact of the ongoing energy crisis and supply chain restrictions on household finances.

On a monthly basis, inflation rose to 1.9% in September, the largest increase since March, as it rose from 0.3% last month, approaching a record high of 2.5%.