Gas prices in particular had recently had a strong impact on the inflation rate.
Image: dpa
Normally, the inflation rate is published in Germany at the end of each month. It’s different this time, especially in such turbulent times. What’s behind it?
EThere are things in Germany that have a nice regularity. This includes the inflation rate being published at the end of each month – at least the first estimate that the Federal Statistical Office always makes at this point in time. In Germany, this number regularly attracts more attention than in other countries because Germans, presumably for historical reasons, are particularly sensitive to all signs of inflation.
Since the rate even went into double digits at times last year, it has only gotten worse. It was all the more remarkable what the Federal Statistical Office announced on Monday: the publication of the January inflation rate, which was actually planned for Tuesday, was cancelled. To be more precise: postponed to the coming week. This is also unusual because the inflation rate for the euro zone as a whole, on which nothing less than the monetary policy of the European Central Bank (ECB) is based, is based on the rates of the individual euro countries.