The Federal Statistical Administration of Germany has published today reports on inflation and employment. It is expected that the inflation rate in Germany in February 2025 will be 2.3%, measured by a change in the consumer price index (CPI) compared to February 2024. This is accompanied by an increase of 0.4% compared to January 2025. The basic level of inflation, excluding food and energy products, is predicted at 2.6% in February 2025. This is written by Investing.com.
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Harmonized consumer prices for February 2025 is previously 2.8% higher than in the same month of the previous year, and 0.6% higher than in the previous month. It also provided a personal inflation calculator for consumers, which allows you to calculate their personal inflation level based on monthly costs for individual groups of goods.
as for employment, the number of workers in Germany in January 2025 amounted to about 45.6 million people. This is a small decrease in 9,000 people (0.0%) compared to December 2024 after adjusting seasonal fluctuations. However, from October to December 2024, employment increased by an average of 7,000 people a month.
excluding seasonal fluctuations, the number of employees in January 2025 decreased by 351,000 (-0.8%) compared to the December of 2024, which is slightly more pronounced than the average decrease observed in January 2023 and January 2024.
- Inflation