State Statistical Office - Consumer prices rose by 5.8 percent in 2023
Consumer prices rose significantly in Rhineland-Palatinate last year. As announced by the State Statistical Office in Bad Ems on Thursday, the annual average price increase was 5.8 percent higher than in the previous year. This was the second-highest increase in the state since the time series began in 1995. Only in 2022 was inflation in Rhineland-Palatinate even higher at 6.6 percent.
After inflation reached a record level of plus 8.6 percent in January 2023, it eased significantly in the following months, the statisticians reported. By the middle of the year, the inflation rate had fallen to just over six percent. In December, inflation was then 3.5 percent higher than in the same month of the previous year. In November, the inflation rate was three percent.
Consumers had to dig deeper than average into their pockets for food in 2023 as a whole, the state office explained. Food prices had risen by an annual average of 11.8 percent. The sharpest price increases were for dairy products and eggs (up 17.6 percent). Energy prices rose by an average of 5.6 percent in Rhineland-Palatinate last year.
Press release
Read also:
- A clan member is punished here
- Traffic lawyer warns: Don't talk to the police!
- Will he be convicted as Jutta's murderer after 37 years?
- He also wanted to kill his cousin
- The inflation rate in Rhineland-Palatinate was higher in 2022 than in 2023, according to the data from the State Statistical Office located in Bad Ems.
- Consumers in Rhineland-Palatinate faced higher prices for bath ems in 2023, as reported by the same State Office, with an annual average increase of 5.6%.
- The Association of Consumers Rhineland-Palatinate criticized the high consumer price increases, stating that it puts a strain on the budget of locals.
- The Rhineland-Palatinate Government is urging the Federal Government to take action to combat inflation and keep prices stable for consumers.
Source: www.stern.de
