{"id":54941,"date":"2025-12-12T05:18:12","date_gmt":"2025-12-12T10:18:12","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/high-service-costs-keep-german-inflation-at-2-3-in-november\/12\/12\/2025\/"},"modified":"2025-12-12T05:18:12","modified_gmt":"2025-12-12T10:18:12","slug":"high-service-costs-keep-german-inflation-at-2-3-in-november","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/high-service-costs-keep-german-inflation-at-2-3-in-november\/12\/12\/2025\/","title":{"rendered":"High service costs keep German inflation at 2.3% in November"},"content":{"rendered":"
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<\/div>\n<\/div>A board shows the fuel prices at a petrol station in Duesseldorf in the morning. The Federal Statistical Office announces the inflation rate for November 2025. Henning Kaiser\/dpa <\/figcaption><\/figure>\n
Germany’s inflation rate remained above the 2% mark in November, driven by rising service costs and higher food prices, the Federal Statistical Office said on Friday as it confirmed its preliminary estimate.<\/p>\n
Consumer prices rose 2.3% year-on-year, matching the increase recorded in October and marking the fourth consecutive month above 2%, the agency reported.<\/p>\n
Inflation in Europe’s largest economy has been fuelled for months by significantly higher prices for services due to labour shortages and wage increases.<\/p>\n
Service costs climbed 3.5% in November compared to the same month last year, the same rate as in October. Domestic package holidays were 12% more expensive than a year earlier, while train fares rose 11.9%.<\/p>\n
Food inflation eased to 1.2%, but some staples saw steep increases: tinned fruit jumped 27.5%, coffee 21.1% and chocolate 19.4%. Butter prices fell 22%.<\/p>\n
November brought little relief for consumers when it came to energy prices, with fuel, electricity and gas just 0.1% cheaper than a year earlier.<\/p>\n
Core inflation, which excludes volatile food and energy prices, edged down to 2.7% year-over-year in November from 2.8% in October.<\/p>\n
On a monthly basis, consumer prices fell 0.2% in November. The European Central Bank aims for medium-term inflation of 2% across the eurozone.<\/p>\n<\/p><\/div>\n