Germany’s inflation rate was 4.9 percent

reports Mehr News Agency , the new German inflationary data released before next month’s general election, is in line with the forecasts of economic experts made by Reuters. These data are also coordinated in the euro zone to compare with other countries. On a monthly scale, the coordinated consumer price index, or HICP, decreased by 4.9 % in January.

The inflationary process shows that the German inflation rate is higher than the 5 % target of the European Central Bank for the fourth consecutive month. In the September last year, the German inflation rate was below this limit.

This trend is similar to the re-increase of inflation throughout the euro area. The European Central Bank announced on Thursday that the trend of inflation in the area is “going well” and is in line with previous forecasts.

In December last year, the euro zone inflation reached 4.9 percent and inflation rates are scheduled to be released next week. The new data also showed that the German main inflation, which was eliminated by food and energy prices, reached 4.9 percent in January, which is a significant decrease in December. Inflation of the service also declined slightly and reached 2 % in January, while in December it was 4.9 percent.

Sebastian Becker, economist at Deutsche Bank’s research department said that the weak German economy seems to have the effects of inflation decline.

He added that recent data showed that the German economy decreased by 4.9 percent in the fourth quarter of last year, which was more expected to be expected. This will reinforce the expert’s view of the process of reducing inflation in the coming months.

The European Central Bank is expected to continue its monetary policy in these circumstances and refrain from major changes in this direction.

January inflation report is presented as one of the latest economic statistics before the German election on February 7. Elections will be held earlier than planned due to the fall of the ruling coalition in November.

During the election campaign, the issue of German economy is one of the most important issues that have caused a lot of discussion. The country is particularly facing the problem of poor economic growth and an increase in inflation.

The German government has reduced the growth of GDP to 4.9 percent in its economic report, in its economic report, the German government has reduced GDP to 4.9 % in its economic report. /p>

Government economic report is expected to be an average of 4.9 % in Germany this year.