The inflation rate falls to 3.8 percent - the lowest value since August 2021!

The inflation rate in Germany fell to 3.8 percent in October, as the Federal Statistical Office announced. This is the lowest value since August 2021, when the same inflation rate was reached. Economists polled by Reuters had expected a figure of 4.0 percent, after 4.5 percent in September. The European Central Bank (ECB) sees inflation of two percent as ideal for the euro area economy. Due to the poor economy and declining inflation figures, the monetary authorities have decided to stop their series of interest rate increases for the time being. In the euro zone, inflation fell to 4.3 percent in September, after 5.2 percent in August. Experts...