Consumer prices in October rose by 2.5 percent

Consumer prices in October rose by 2.5 percent

Wiesbaden : Germany | Nov 10, 2011 at 12:50 AM PST
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The Drawing Board :: The Median Consumer Price Index (Median CPI)

The persistently high energy costs continue to provide high inflation rate in Germany. Consumer prices in October were an average of 2.5 percent over the previous year, as announced by the Federal Statistical Office in Wiesbaden. Compared with September, prices remained unchanged. In September, the inflation rate at 2.6 percent had climbed to its highest level in three years.

Responsible for the price increase, according to the statisticians are especially rising energy prices for months. In comparison, they rose in price by 11.1 percent overall, while 12.7 percent were more expensive fuels and energy for the budget by 10.3 percent. The strongest price increase for liquid fuel - it costs 25 percent more than a year ago. Excluding energy prices, inflation would have been in October 2011, only 1.4 percent.

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Consumer prices in October rose by 2.5 percent
Maroof Kamboh is based in Karāchi, Sind, Pakistan, and is a Stringer on Allvoices.
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