Timo Wollmershäuser

Head of Economic Forecasting, Ifo Institute

Appears in 1 story

Last updated Nov 11, 2026

Stories

German inflation hits nearly three-year high as energy prices surge

Money Moves

Warns of winter electricity and gas price rises

German inflation was confirmed at 2.8% in October, down from 3.3% in September, the Federal Statistical Office said on November 11. The drop came mostly from a fuel tax cut that took effect October 1, though energy prices still rose 12.2% from a year earlier.

Updated 11 hours ago