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Final CPI in Germany confirms preliminary annual figure of 2.3% compared to 2.4% previously

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alemania ampelmann

Posted By: The Corner 13th November 2025

Bankinter | A slight moderation in German inflation in October is confirmed. The final CPI confirms the preliminary figure of 2.3% (year-on-year) against 2.4% previously. Wholesale Price Index 1.1% in October (year-on-year) against 1.2% previously.

Analysis team’s view: Inflation moderates slightly, moving towards the ECB’s target (2%). We do not expect any changes in ECB rate expectations, so it should have a neutral impact on stocks and bonds.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.