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Inflation Rate Trends and Forecast for Germany from 1990 to 2029

Inflation Rate Trends and Forecast for Germany from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Germany from 1990 to 2029. TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2029
Country: Germany
Published date: 2024
Note: The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.
Key Takeaways
Germany has consistently maintained low inflation due to its strong economic fundamentals and adherence to the European Central Bank’s monetary policies. Notable spikes occurred during reunification in 1992 (5.0%) and again in 2022 (8.7%) amid energy price shocks and supply chain disruptions.

Projections show inflation stabilizing at 2.0% by 2025, underscoring Germany’s resilience and effective management of inflationary pressures in alignment with broader European economic goals.

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