Continued steeply rising inflation in Germany

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Published 13 December 2021 at 07.19

Economics. The inflation rate in Germany rose by a further 0.7 percentage points to 5.2 percent in November, compared with 4.5 percent the month before.

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According to preliminary statistics, inflation was 5.2 per cent in November, which is now confirmed by definitive statistics.

HICP inflation rose to 6.0 per cent, compared with 4.6 percent in October.

Preliminarily it was also 6.0 percent.

For Sweden, on the other hand, there is no reason to worry.

– We expect that Inflation will peak in the next few months and then subside, says Governor Stefan Ingves in a comment.