The German inflation rate climbed to 2.6% year on year in December, official figures showed on Monday, with consumer prices rising by 2.2% over the full year 2024.
The data from the Federal Statistical Office suggests further challenges for the ailing German economy, which has struggled to recover from years of high price rises following the coronavirus pandemic and the Russian invasion of Ukraine in February 2022.
With the cost of energy soaring, Germany saw inflation reach 6.9% in 2022 and remain at 5.9% in 2023, the highest rates since reunification in 1990.
While the yearly figure for 2024 has stabilized at 2.2%, the December estimate follows warning signs earlier in the autumn with consumer prices rebounding from a low of 1.6% in September.
