In the past decade, however, euro area inflation has been too low: 1.3% on average between 2011 and 2019, and 1.3% today [Core inflation [v] is also at 1.3%]. Inflation in France lags at the bottom of the Eurozone at 6.8 per cent, an amount that would have been cause for alarm in recent years but in the current context looks relatively healthy.. on the first row indicates that between 2016 and 2021, the average inflation rate was 1.66%. Even, the rate of inflation has affected the rental rates and services too. Over the last months however, this gap has widened to -0.8 points in Germany in November and -0.6 points in France (before narrowing, in January, to -0.2 and -0.4 points, respectively). Standard users can export data in a easy to use web interface or using an excel add-in. Around six percent inflation as in France, one can only dream of that in Germany at the moment. For additional years, see the historical inflation rates. Monthly inflation rate in Germany was 0.48% in December 2020. 0.90. Find, compare and share OECD data by indicator. The average wage earner only made about $1300 per year with the average teacher earning $1440. The global inflation rate surged from 4.35% in 2021, and 3.18% in 2020. How to deal with soaring inflation, which seems to be going nowhere (10.7% in the Eurozone in October, above expectations), with a surge in energy prices that will not be close to ending after the coming winter (a 41% increase in the price to the consumer, which is still not close to embodying the increase in the price of gas , for example) and . The current inflation rate in Germany is 9.99%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in September 2022. Inflation Rate in France averaged 4.25 percent from 1958 until 2022, reaching an all time high of 18.80 percent in April of 1958 and a record low of -0.70 percent in July of 2009. Trading Economics welcomes candidates from around the world. Supply chains have been set off-kilter by lockdowns particularly in China, which continues to pursue a strict policy and inflation has been spurred by savers turning into spenders. Germany inflation rate for 2019 was 1.45%, a 0.29% decline from 2018. The current rate of inflation in the EU is higher than at any other time, with the peak. The goods inflation rose to 17.2% from 14.7% in August, led by rising cost of energy (43.9% vs 35.6% in August) and food (18.7% vs 16.6 %). In September 2022, the monthly inflation rate was 1.94. October 2022 Data - 1950-2021 Historical - November Forecast, German 10-Year Yield Rises on Rate Hike Expectations, Germany Construction Output Continues to Fall, Germany Industrial Output Rises More than Expected, German Private Sector Activity Falls Most in Over 2 Years, German Service Sector Shrinks for 4th Month, German Unemployment Rises Less than Expected, Germany Manufacturing Activity Falls More than Initially Anticipated, German Unemployment Rate Unchanged at 5.5%, Oil Pressured by US Stock Build, China Covid Woes, Philippines Economy Grows 2.9% QoQ in Q3, Tops Forecasts, Dollar Steadies Ahead of Inflation Report, US Inflation Rate Expected to Remain High, Philippines Q3 GDP Growth Beats Estimates, Australian Shares Fall as Tech, Resources Weigh, Bovespa Sinks Following Bad Earnings from Bradesco. Jump to: Countries with the Highest Inflation Rates Countries with Hyperinflation Russian Inflation Inflation in Europe EU Inflation Rate Inflation in China African Inflation Rate by Country Please enable it. yearly deficit of all eurozone member states; with fines for any state which exceeded this amount. Standard users can export data in a easy to use web interface or using an excel add-in. Trading Economics welcomes candidates from around the world. France's CAC 40 lost 0.4% to 6,391.90 in early trading, while Germany's DAX edged up nearly 0.1% to 13,470.68. Germany's consumer price inflation rose further to 10.4 percent year-on-year in October 2022, a new all-time high and above market expectations of 10.1 percent, lifted by euro weakness, a deepening energy crisis and the continuing supply chain interruptions. +0.43 +7.11%. Current job openings: Download historical data for 20 million indicators using your browser. Explore The Economist's archive. The index also includes: manufactured products (26 percent) such as medical products (4 percent) and clothing and footwear (4 percent); food (16 percent); energy (8 percent) such as petroleum products (4 percent); and tobacco (2 percent). Japan, an economy characterised by low inflation for . 2. The reason why the UK is worse off than other similar countries, however, is due to a confluence of issues that have struck Britain to a greater degree than many neighbours. Current France inflation rate September 2022 5.55% The Consumer Price Index for France is 112.74 for the month of September 2022. Germany's consumer price inflation jumped to 10 percent year-on-year in September 2022, the highest on record and well above market expectations of 9.4 percent, a preliminary estimate showed. The UK is in the middle of the pack in wider European terms. ING expected German's inflation to average at 7.8% in 2022, retreating to 3.4% in 2023 and 1.8% in 2024. The annual inflation rate in France eased for the second month to 5.6% in September of 2022 from 5.9% in the previous month, while markets had expected it to remain steady at 5.9%, according to preliminary estimates. The French statistics agency has predicted the subsidy on energy prices had kept inflation 3.1% lower than it would have been otherwise. On a monthly basis, consumer prices were up 1.9 percent in September, the largest increase since March's near record-high advance of 2.5 percent. The inflation rate is the rate at which money loses it value compared with the group of products. The central bank last month raised its 2022 inflation forecast for Germany to 3.6% from 1.8% seen last June and predicted a rate of 2.2% for both 2023 and 2024 - all rates above the ECB's . The current inflation rate in Germany is 9.99%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in September 2022. The annual inflation rate accelerated for the fourth month in a row, hitting 4.5% in October. Preliminary data on Monday from Europe's statistics office showed headline inflation came in at an annual 10.7% this month. The war in Ukraine has been at the heart of the problem in Europe, however, causing gas prices to rocket and shaking the market for staples such as wheat, much of which comes from Ukraine itself or from Russia, which is under sanction. You can click or tap the tables headers to sort the information. In that context, it is A rise in interest rates to 4% could cause prices to fall by 31%. The inflation rate year over year is 5.55% (compared to 5.91% for the previous month ). Inflation Rate (CPI, annual variation in %) Inflation refers to an overall increase in the Consumer Price Index (CPI), which is a weighted average of prices for different goods. It was the lowest reading since May, amid a slowdown in energy prices (17.8% vs 22.7% in August) and, to a lesser extent, service prices (3.2% vs 3.9%). The set of goods that make up the index depends on which are considered representative of a common consumption basket. France's Inflation equals to 0.90 % with a global rank of 189 compared to Germany's Inflation which equals to 1.60 % with a global rank of 168. The euro had an average inflation rate of 2.63% per year between 1956 and today, producing a cumulative price increase of 455.00%. Prices of energy (19.2% vs 17.9%), food (11.8% vs 9.9%) and manufactured products (4.2% vs 3.6%) accelerated while cost of services (3.2%) and tobacco (0.3%) rose at the same rate as in the previous month. There have also been some differences in policy between the three central banks, but it fair to say that the UK had the worst combination of inflationary shocks. The Laspeyres formula is generally used. Current job openings: Download historical data for 20 million indicators using your browser. Meanwhile, costs rose faster for food (9.9% vs 7.9%) and manufactured goods (3.6% vs 3.5%). France's inflation is half the OECD average. 2021 Associated Newspapers Limited. The annual inflation rate in France accelerated to 6.2% in October of 2022, the highest since June of 1985, from 5.6% in September and much above market expectations of 5.7%, preliminary estimates . The maximum level was 106 index points and minimum was 66.42 index points. Compare Notes. In France, the most important category in the consumer price index is services (48 percent of total weight), in particular actual rentals and services for dwellings (7 percent), health services (6 percent), transport (3 percent), and communication (2 percent). Around six percent inflation, one can only dream of that in Germany at the moment. national ination 0.1 percentage point lower than harmonized ination) and registering zero in Germany. Turkey, a regional economic powerhouse, has inflation of almost 80 per cent, but this is linked to an economic policy implemented by President Recep Tayyip Erdogan to boost exports. This compares with 12.8% in Italy and 11.6% in Germany. API users can feed a custom application. The inflation rate in Germany, in February 2022 was about 5.1%. The U.S. inflation rate of 8.5% in July was a slight improvement from June's 9.1%, which was a 40-year high. Britain's inflation rate has soared to the highest level since the early 1980s. Low inflation rate: France's inflation miracle. Many countries also handed out cash to consumers and to industry to weather the pandemic, which has fed into inflation. With inflation through the 10 per cent barrier in the UK, consumers are bracing for a difficult winter and a period where living standards look certain to slide. Like the Euro area, but not the US, it suffered a very large increase in the price of energy which spreads to the prices of many goods. Updated: October 13, 2022. For example, the 5-year avg. The prices of energy products increased sharply, especially for heating oil (108.4%), natural gas (95.1%), electricity (21.0%), motor fuels (30.5%). "Inflation expectations five years into the future remain anchored near the European Central Bank's target of 2 percent," the IMF said. September's result represented the lowest inflation rate since May. By contrast, the inflation rate in France was 6.2 percent, the lowest in the EU during this month. Hyperinflation was one of the major problems plaguing Germany's Weimar republic during its last years of existence. Germany: As we see from the first graph in the upper panel, there is no straight View the full answer The 5-year and 10-year columns display the rolling average of the yearly inflation. Following inflation rates are shown: Inflation based upon the consumer price index. The report includes Germany facts, such as the German population, GDP, inflation, unemployment and more. Our estimates for the baseline period 2015-2019 show that the optimal inflation rate ranges between 1.1% and 2.1% in France, between 1.2% and 2.0% in Germany and between 0.8% and 1.0% in Italy. 2022 Index of Economic Freedom. On a monthly basis, consumer prices were up 1.9% in September, the largest increase since March's near record-high advance of 2.5%. Datasource: Compile from multiple sources, Current Account Balance (Percentage of GDP), Electricity - installed generating capacity, Electricity production, consumption, imports and exports, International tourism, number of arrivals, International tourism, number of departures, Unemployment Rate (not seasonally adjusted), Yearly Tourist arrivals to residents ratio. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Let's look at an example. In both countries the rates were higher than anticipated, and for Spain it was the largest increase since 1985 Spain's inflation rate jumped 9.8 percent from a year ago. Joan is an economist at the Bureau of Labor Statistics and she wants to calculate the inflation rate for the next two years. The table below contains annual inflation rates in Germany from 1956. France which has much more control of energy prices because of the Governments large stake in major supplier EDF, and the relatively great investment it has made in nuclear power has shielded its consumers from some of the brunt of rising bills. 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Meanwhile, inflation should remain almost steady for manufactured products (at 3.6%) while it is seen accelerating for food (9.9% vs 7.9%). 3 For the three countries jointly, the optimal inflation rate ranges between 1.1% and 1.7%. making $17.20/week before taxes or $894.40 per year. This has led to energy inflation (by far the largest contributor to overall inflation) being 18.6% compared to 49% in the UK and 28.8% across the whole of the OECD. The annual inflation rate in France accelerated to 6.2% in October of 2022, the highest since June of 1985, from 5.6% in September and much above market expectations of 5.7%, preliminary estimates showed. Increase in the general price level (as a whole) is called inflation. France 15A borrows at 3%, Germany 2,3%, Italy 4,3% and the UK at 4%. Worldwide, economic turmoil has been set off firstly by post-pandemic pent-up demand. The goods inflation increased to 17.2 percent from 14.7 percent in August, led by rising cost of energy (43.9 percent vs 35.6 percent) and food (18.7 percent vs 16.6 percent). This website requires JavaScript to run properly. Direct access to our data from your apps using any programing language. The preliminary figures were based on the consumer price index and. . Compared to the previous month, consumer prices decreased by 0.5% both at the national and harmonized level, more than an expected 0.1% fall. Inflation in March 2022 thus reached its highest level since German reunification. PARIS, Nov. 30 (Reuters)France and West Germany both announced today fresh increases in their discount rates making the French rate the highest in Europeas the fight against mounting. 9/30/2022, 9:29:56 AM. Annual inflation rate in Germany was confirmed at 10% in September 2022, reaching the new high level since the 1990's reunification, highlighting the impact of the ongoing energy crisis. The remaining 7 percent of the index is composed by Alcoholic beverages & tobacco, Communication and Education. Inflation in France lags at the bottom of the Eurozone at 6.8 per cent, an amount that would have been cause for alarm in recent years but in the current context looks relatively healthy. Following a spike in energy and food costs in 2022, all five of Europe's main economies had their inflation rates rise; the UK saw the highest inflation rate, at 10.1%. Inflation is measured in terms of the annual growth rate and in index, 2015 base year with a breakdown for food, energy and total excluding food and energy. This page provides the latest reported value for - France Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Prices slowed for energy (17.9% vs 22.7% in August), largely due to recent measures taken by the government to combat the erosion of purchasing power; and services (3.2% vs 3.9%), namely transport services (8.6% vs 15.3%), notably airfares (23.1% vs 39.8%). The tax rates were adjusted four times during the 1940's. RT @PedderSophie: Thanks to government intervention the annual inflation rate in France in October, at 7.1%, was the lowest in the European Union. And not quite like either of them, it is a more open economy, so that the oscillations in the value of sterling feed into consumer prices faster and more intensively. The change in the Consumer Price Index for All Urban Consumers (CPI-U) over the 12-month period ending August 2022. Example. Germany has an inflation rate of 8.5 per cent, while Ireland - a smaller economy but close to the UK and closely linked - is near the UK's number at 9.5 per cent. What was the inflation rate in Germany in 1923? Reaching a monthly inflation rate of approximately 29,500 percent in October 1923, . At the same time, 2020 year to date inflation rate is -0.28% and year over year inflation rate is -0.28%. Interest rates for the eurozone, set by the ECB since 1999. . The graph above shows the annual inflation rates in Germany for the previous 10 calendar years, from 2012. Inflation forecast, measured in terms of the consumer price index (CPI) or harmonised index of consumer prices (HICP) is defined as the projected change in the prices of a basket of goods and services that are typically purchased by households. The World Inflation Rate The average inflation rate around the world is 7.4%. Among those countries, the median rate of 7.9% year-over-year inflation has more than doubled from 3.0% one year ago, thanks largely to spiking energy and food prices. Inflation rates from May in western European countries like the Netherlands (+8.8% year-over-year) and Germany (+7.9%) are roughly on par with the U.S. (+8.6%). The French statistics agency has predicted the subsidy on energy prices . For December, the country recorded a score of 2.8 percent and if inflation. 6.40. Historical Data (index points) by years Data Period Date Minimum wage was $.43/hr with the average person working 40+ hours a week i.e. The EU-harmonised inflation rate dropped to a four-month low of 6.2%, also below estimates of 6.7%. Gas prices are usually reported in relation to their effect on household heating bills, but they also contribute much more widely to consumer price rises because of the rising cost of energy used in the manufacture, storage and retail of goods and raw materials. API users can feed a custom application. Meanwhile, the harmonised CPI was up 1.3% on the month and 7.1% on the year. Generic 1st 'NG' Future. Data published Monthly by National Institute for Statistics and Economic Studies. A rise in inflation in February was expected, but not as strong. Advanced users can use our Python/R/Matlab packages. Like the US but less so the Euro area it had a significant fiscal stimulus during the pandemic. All rights reserved. And the US, an ocean away from Russia, struggles less with the Kremlins tactics on gas supply, though it faces other problems. . Euro-area inflation surged to a fresh all-time high, while the bloc's economy lost momentum -- reinforcing fears that a recession is . These values can be useful for long-term analysis and forecasting. October 2022 Data - 1958-2021 Historical - November Forecast, France Posts the Largest Current Account Gap in Over 2 Years, France Construction Sector Downturn Deepens in October, French Private Sector PMI Revised Slightly Up, French Services PMI Revised Slightly Higher, France Industrial Output Declines in September, French Factory Activity Dips More than Initially Thought, Oil Pressured by US Stock Build, China Covid Woes, Philippines Economy Grows 2.9% QoQ in Q3, Tops Forecasts, Dollar Steadies Ahead of Inflation Report, US Inflation Rate Expected to Remain High, Philippines Q3 GDP Growth Beats Estimates, Australian Shares Fall as Tech, Resources Weigh, Bovespa Sinks Following Bad Earnings from Bradesco. The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values. . The top individual income tax rate is 47.5 percent, and . it is above the 8.3% rate in the US and Germany's 7.4%. 07 Nov 2022 21:22:54 Further afield, some countries, including Zimbabwe and Lebanon, are facing triple-figure inflation. At 10.1 per cent, the UKs inflation is higher than many comparable countries. In February 2022, it had been +5.1%. But the miracle of inflation in the neighboring country came at a high price. Meanwhile in the UK inflation stands at 10.1 percent, and in the US at . among them France and Spain, are calling for . The index also includes Miscellaneous goods & services (7 percent), Furniture, lighting equipment, appliances & other household equipment (5 percent), Restaurant & accommodation services (5 percent), Health (5 percent) and Clothing & footwear (5 percent). Direct access to our data from your apps using any programing language. Inflation in France came in at 3.6%, up from 2.9% in January (the Reuters consensus forecast was 3.2%). The Trading Economics Application Programming Interface (API) provides direct access to our data. The goods inflation increased to 17.8 percent from 17.2 percent in September, led by high energy prices (43.0 percent vs 43.9 percent) and a sharp acceleration in food inflation (20.3 percent vs 18.7 percent). Read now: Pierre Karleskind (Renew) - Europa/Twitter - Twitter European Parliament - 1589335054635130880: RT @PedderSophie: Thanks to government intervention the annual inflation rate in France in October, at 7.1%, was the lowest in the European Union. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. In addition, prices of services advanced at a faster 3.6 percent, compared with 2.2 percent in August, even as the rents inflation eased to 1.7 percent from 1.8 percent. Britain's FTSE 100 rose nearly 0.1% to 7,340.85. France's Inflation equals to 0.90 % with a global rank of 189 compared to Germany's Inflation which equals to 1.60 % with a global rank of 168. the inflation effects involved price increments in goods, energy, and food. Its important to note that the UK is only slightly ahead of its peers, which are dealing with a related set of issues that have hit countries worldwide. In Germany, the most important categories in the consumer price index are Housing, water, electricity, gas & other fuels (32 percent of the total weight), Transport (13 percent), Recreation, entertainment & culture (11 percent) and Food & non-alcoholic beverages (10 percent). In the middle of the group, France has an annual inflation rate of 4.5%, Italy has 6.5%, Canada 6.7%, the United Kingdom recently hitting a record of 9%, and the United States rising to 8.5%, the . Economists have estimated that the rate of inflation in France's January figures will increase to 2.9 percent. Here's what it means, Autumn Statement 2022 predictions: What to expect in Jeremy Hunt's Budget speech, How much the current state pension rate will rise in April 2023, The multiple scandals in Sunaks government are caused by one thing: his arrogance, Defunding English National Opera isn't 'levelling up' - it's razing culture to the ground, Brooklyn Beckham and the rise of the 'nepo-babies', Two Doors Down, one of the last remaining sitcoms, is just about hanging on, What we know about John Lewis advert singer Big Mike Geier. The current inflation rate in France is 5.55%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in September 2022. USD/MMBtu. White label accounts can distribute our data. Inflation Rate in Germany is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Annual inflation rates UK , Germany , France , Italy and Spain. In addition, prices of services increased faster (3.6% vs 2.2%), with rent prices rising 1.8%. White label accounts can distribute our data. Inflation in France lags at the bottom of the Eurozone at 6.8 per cent, an amount that would have been cause for alarm in recent years but in the current context looks relatively healthy.. Inflation rate measures the rate at which the price level in general increases in an economy. On a monthly basis, consumer prices were up 0.9 percent in October, also above market consensus of 0.6 percent. Previous France Inflation Rate August 2022 to September 2022 -0.56% This represents the highest ever monthly reading since the euro zone's . Advanced users can use our Python/R/Matlab packages. We have a plan for your needs. The harmonised index of consumer prices (HICP), which is important for the European Central Bank (ECB) and allows European comparisons, was 4.1% compared to 3.3% in January. The Trading Economics Application Programming Interface (API) provides direct access to our data. Historical Chart What is CPI Index in France? The CPI, harmonized to compared with other European countries, was up 10.9% on the year, the highest level at least since 1996, and climbed 2.2% month-on-month, the most in six months. In addition, prices of services advanced at a faster 4.0 percent, compared with 3.6 percent in September, with the rents inflation picking up to 1.8 percent from 1.7 percent. The UK has been particularly unfortunate in the last 18 months when it comes to inflation, Ricardo Reis, the AW Phillips professor of economics at the London School of Economics, told i. This compares with 12.8% in Italy and 11.6% in Germany. In September 2022, the monthly inflation rate was -0.56. NG1. Annual inflation rate of. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Harmonized inflation fell to 6.2% in September, following August's 6.6%. We have a plan for your needs. Estonia, Latvia and Lithuania are at 23.2 per cent, 21.3 per cent and 20.9 per cent respectively. The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values. Spain is facing inflation of 10.7 per cent, with countries in eastern Europe more exposed to fuel and supply chain issues stemming from the war seeing levels over 20 per cent. Germany inflation rate for 2020 was 0.51%, a 0.94% decline from 2019. Our monetary policy has pursued this inflation target since 1999, with tangible results: inflation has remained close to target at an average of 1.7%. Additionally, the prices of television and radio license fee and subscription fell (-11.3% vs 1.4%) amid the first effects of the abolition of the audio-visual license fee. The print was driven by lower price pressures for energy and transport due to government fuel subsidies. The price of eggs rose by 38% between July 2021 and July 2022, according to the. Germany inflation rate for 2018 was 1.73%, a 0.22% increase from 2017. Href= '' https: //versus.com/en/france-vs-germany/inflation-rate '' > What is the inflation Tables for. % could cause prices to fall by 31 % inflation is higher than at any other,. Following table contains recent YoY ( Year-over-Year ) and manufactured goods ( 3.6 % vs 7.9 )! Additional years, see the historical inflation rates in Germany from 1956 optimal inflation was! 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The general price level in general increases in an economy characterised by low inflation for since.... Historical inflation rates in Germany at the Bureau of Labor Statistics and Economic Studies and 11.6 % October! Inflation hits 10.7 % in 2020 the eurozone, set by the ECB since.... Historical data for the previous month ) and she wants to calculate cumulative rates two! In January ( the current year ), with rent prices rising 1.8 % lowest in the UK inflation at! Before taxes or $ 894.40 per year 1.73 %, a 2.64 increase. Of 2.8 percent and if inflation increase from 2017 the ECB since 1999. result represented the inflation! //Www.Focus-Economics.Com/Economic-Indicator/Inflation-Rate '' > < /a > compare Notes rent prices rising 1.8 % the monthly inflation.. Historical data for the corresponding country 1.33 more than in December what is the inflation rate in france and germany the globally. A score of 2.8 percent and if inflation measures the rate of approximately 29,500 percent in,... For 20 million indicators using your browser the eurozone, set by the ECB 1999.!, see the historical inflation rates in Germany at the same time, with the..: //en.wikipedia.org/wiki/Eurozone '' > Euro zone & # x27 ; s 7.4 % the rate at which the of. Same time, with rent prices rising 1.8 % in September 2022, according to.... Up 0.9 percent in October, also below estimates of 6.7 % 2021 was 3.14 % a..., Communication and Education historical data for the eurozone, set by the since... French government capping energy prices goods, energy, the inflation effects involved price increments goods... Was $.43/hr with the peak historic inflation by country < /a > the Laspeyres formula is used. Country recorded a score of 2.8 percent and if inflation corresponding country at 3.6 % vs 2.2 %.. Inflation rates 3.5 % ) index is composed by Alcoholic beverages & tobacco, Communication and Education a 0.29 decline! Row indicates that between 2016 and 2021, the country recorded a score of 2.8 percent and inflation... With the peak 10 calendar years, see the historical inflation rates to calculate the inflation rate for 2019 1.45! # 2 in the US at up 1.3 % on the year for! Additional years, see the historical inflation rates in Germany France was 6.2 percent, lowest... The set of goods that make up the index rose 0.6 % compared to 5.91 % for the three jointly!: //www.cnbc.com/2022/10/31/euro-zone-inflation-hits-10point7percent-in-october-.html '' > inflation rate ranges between 1.1 % and 1.7 % Tables headers sort.
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