German final inflation confirmed at 2.4% in April

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German final inflation confirmed at 2.4% in April
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Pro-Palestinian encampment at Dalhousie University - May 13, 2024 | SaltWire #news #halifax #protestBERLIN - German inflation inched up in April to 2.4%, the federal statistics office said on Tuesday, confirming preliminary data.

German consumer prices, harmonised to compare with other European Union countries, had risen by 2.3% year-on-year in March, the lowest rate in almost three years."Energy and food prices, in particular, have had a dampening effect on the inflation rate since January 2024," said Ruth Brand, president of the federal statistics office.

"However, core inflation – measured as the change in the consumer price index excluding food and energy – has been higher than overall inflation since the beginning of the year," she added in a statement.The statistics office gives more detailed monthly data on its website.It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home.

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