Money Inflation Ipch confirmed at 4.1% on a year

10:45  13 october  2021
10:45  13 october  2021 Source:   rfi.fr

How the topic inflation influence the coalition negotiations

 How the topic inflation influence the coalition negotiations may be the message of putting on inflation in this week in the preparations of the parties for coalition negotiations. Fiscal politicians of Greens and FDP have already establish relationships - which one wants to make more debt, the other warns of inflation fears in the population. © Kay Nietfeld Green Chief Robert Habeck (Mitte), Co-Chair Annalena Baerbock and FDP boss Christian Lindner met on Friday to a second exploratory round after the general election.

At 4 .35%, retail inflation falls to five-month low in September; IIP grows by 11.9% in August. Retail inflation across the country based on Consumer Price Index (CPI) fell to 4.35 per cent in September from 5.30 per cent in August, according to data released by the National Statistical Office (NSO). It is the lowest retail inflation recorded since April 2021. Comparatively, retail inflation had jumped to an eight-month high of 7.34 per cent in September 2020, primarily being driven by higher food inflation .

Despite growing inflation worries, there is growing optimism about the state of the economic recovery. Three U.S. Federal Reserve policymakers on Tuesday said the U.S. economy has healed enough for the central bank to begin to withdraw its crisis-era support. It was particularly strong against the yen with one dollar buying 113.39 yen, in sight of Monday's near three year low. As Japan buys the bulk of its oil from overseas, a week yen means it is struggling even more with the high prices.

Germany-Economics-Inflation: Inflation IPCH confirmed at 4.1% on a year

L'INFLATION IPCH CONFIRMÉE À 4,1% SUR UN AN © Reuters / Thilo Schmuelgen Inflation IPCH confirmed to 4, 1% On one year

Berlin (Reuters) - Inflation in Germany has accelerated significantly in September to reach its highest level for at least 25 years, show the final figures published on Wednesday.

The consumer price index calculated according to European IPCH standards increased by 4.1% over one year, compared with 3.4% in August, Destatis announced, the Federal Statistical Office, confirming preliminary figures published on September 30th.

This is the highest recorded figure since the beginning of the harmonized statistical series in January 1997.

from one month over the other, inflation increased by 0.3%, a number also in accordance with The first estimate.

The Bundesbank, the German National Central Bank, expects the rate of inflation to remain until mid-2022 above 2%, the objective of the European Central Bank (ECB).


(Berlin office report, French version Laetitia Volga, edited by Blandine Hénault)

Energy price: what you need to know about the "Average class compensation" announced by Castex .
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