German inflation, February 2025

German annual inflation has arrived in unchanged but more than expected 2.8% in February, the temporary data of the Destatas Statistics Agency showed on Friday.

Print is harmonized throughout the euro area for comparability.

Print in February is compared to 2.7% of the Economist Assessment examined by Reuters. AND January Harmonized annual reading of inflation has arrived 2.8%, unchanged since December.

German inflation fell below the goal of 2% of the European Central Bank in September last year, but after that it re -appeared and remained above the key mark for five months in a row.

German data arrive in front of the print of consumer prices for the Euro Zone on Monday and the latest ECB decision later next week. In January, the Central Bank has reduced interest rates for the fifth time since it began to facilitate monetary policy last summer, and the markets are widely priced on Thursday.

Data is also one of the first key economic data to be published by German choices Last weekend, in which the conservative alliance between the Christian Democratic Union and the Christian Social Union provided the highest proportion of votes.

This sets their main candidate Friedrich Merz Okay to take over from Olaf Scholz as a chancellor, although it seems probably that the CDU-CSU will form a management coalition with Scholz’s Social Democratic Party.

The economy was a hot topic during the campaign, and Merz suggested that his policy plans – including a reduction in income and income tax, less bureaucracy, changes in social fees and deregulation – Economy of the country to provide the necessary incentive. The German gross domestic product has long floated around the territory of the recession and decreased 0.2% after prices adjustments, seasonal and calendars in the last quarter of 2024. From the previous three months, according to the Destatas.

This news of news is updated.