Recent economic data revealed that the inflation level in Germany rose during the month of September, by 10%, to reach its highest level in history.
The data showed, according to CNBC Arabia, that the rise in inflation in Germany during the past month came in line with expectations.
Annual inflation in Germany rose by 7.9% in August.
On a monthly basis, inflation in Germany rose by 1.9% in the month of September, the largest increase since March, as it rose from levels of 0.3% the previous month, approaching the highest level recorded at 2.5%.
Inflation rising to an all-time high highlights the impact of the ongoing energy crisis and supply chain restrictions on household finances in Germany.
The main reason for high inflation in Germany is still the high prices of energy and food products.
