Consumer prices - Inflation in Bavaria at 2.7 percent
Inflation in Bavaria was 2.7 percent in June. It remained at the same level as in May, as the Bavarian Statistical Office announced based on preliminary data. The Statistical Federal Office will announce the Germany-wide inflation later in the day. It had previously been 2.4 percent on an annual basis and lower than in Bavaria.
In the Free State, the price of light heating oil increased above-average strongly. Its price rose by 8.9 percent. The increase was above-average in the education sector as well, with 9.6 percent. In the catering and accommodation services sector, it was 7.0 percent, in housing additional costs 4.8 percent. The average net cold rents rose by 2.6 percent - slightly below the general inflation.
On the other hand, food and alcohol-free beverages became cheaper by 1.9 percent on average. Household energy as a whole became cheaper even by 2.5 percent, although the strongly increased heating oil also falls into this category. Other price reductions apparently offset its effect.
Consumers in Bavaria experienced an inflation rate of 2.7% in June, matching the figure from May, according to Destatis, the Bavarian State Office. This rate was higher than the nationwide inflation rate of 2.4% announced by the State Office for Statistics and Data Protection of Germany.
The price of light heating oil saw an above-average increase of 8.9% in Bavaria, affecting various sectors such as education, where prices rose by 9.6%. The catering and accommodation services sector also experienced a rise of 7.0%, while housing additional costs increased by 4.8%.
In contrast, food and alcohol-free beverages became cheaper by 1.9% on average in Bavaria, contributing to a 2.5% decrease in the overall cost of household energy. This decrease was significant, despite the increase in heating oil prices.
The Consumer Price Index (CPI) for light heating oil in Fürth, a city in Bavaria, increased by 8.9%, which was higher than the average increase for the state. This information was provided by Destatis as part of its preliminary data.
