Inflation in Germany has fallen to its lowest level since before Russia invaded Ukraine. Food prices fell for the first time in more than 9 years, figures show, with energy prices dropping even further.
Inflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing. To make matters worse, the outlook for the rest of the year isn't looking much brighter.
Inflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing. To make matters worse, the outlook for the rest of the year isn't looking much brighter.
Inflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing. To make matters worse, the outlook for the rest of the year isn't looking much brighter.
After contracting in the first year of the coronavirus pandemic, the German economy began to grow again in 2021. However, the upturn is not as strong as was hoped.