Photo taken on Feb. 25, 2022 shows diesel and gasoline prices displayed on a screen at a gas station in Frankfurt, Germany. (Photo by Armando Babani/Xinhua)
The increases in energy prices had a "massive effect on the inflation rate," Destatis noted. Excluding energy prices, the inflation rate in February 2022 would have only risen 3.3 percent year-on-year.
BERLIN, March 11 (Xinhua) -- The national consumer price index (CPI) in Germany in February rose by 5.1 percent on an annual basis, the Federal Statistical Office (Destatis) said on Friday.
In January, inflation declined for the first time in six months and hit 4.9 percent. The exceeding 5 percent mark in February was influenced by "delivery bottlenecks and significant price increases at upstream stages in the economic process," according to Destatis.
Due to the Russia-Ukraine conflict, the effects of the COVID-19 pandemic were "increasingly superimposed by uncertainties," said Georg Thiel, president of Destatis.
People stand on a flyover of a shopping mall in Berlin, capital of Germany, Feb. 11, 2022. (Photo by Stefan Zeitz/Xinhua)
"The current price increases, especially for mineral oil products, are not yet reflected in the results for February 2022," he said.
Prices for energy products rose by 22.5 percent in February, significantly more than overall inflation, according to Destatis. While fuel prices increased by 25.8 percent, prices for light heating oil and natural gas even jumped 52.6 percent and 35.7 percent, respectively.
The increases in energy prices had a "massive effect on the inflation rate," Destatis noted. Excluding energy prices, the inflation rate in February 2022 would have only risen 3.3 percent year-on-year.
A pedestrian stands in front of a shopping window of a shop in Berlin, capital of Germany, Feb. 11, 2022. (Photo by Stefan Zeitz/Xinhua)
Food prices increased by 5.3 percent, with fresh vegetables in particular becoming more expensive, up 11.0 percent. At the same time, prices for vehicles also increased by 7.8 percent, according to Destatis. ■
