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Germany's inflation rate, as
measured by the year-on-year change in the consumer price index
(CPI), will be 3.2% in November 2023, according to the
statistical office Destatis. The inflation rate in October 2023
was 3.8%. The last time inflation was lower than it is now in
November 2023 was in June 2021, when it was +2.4%.
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