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Germany’s inflation rate hits lowest since August 2021
Germany’s expected inflation rate for October 2023 is 3.8 per cent, marking its lowest level since August 2021.
Consumer prices are anticipated to remain stable compared to September 2023.
Core inflation, which excludes food and energy costs, is expected to be 4.3 per cent.
There was a significant YoY drop of 3.2 per cent in energy prices.