Inflation climbed to 3.1 percent in 2021, its highest level since 1993

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Status: 06.01.2022 2:06 p.m.

Fueled by rising energy prices, the inflation rate in Germany rose to 3.1 percent in 2021 – the highest level since 1993. As the Federal Statistical Office further announced in an initial estimate, inflation rose further to 5.3 percent in December.

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