Harmonized inflation declined to 9.2% in January (December: 9.6%). Interpreting recent inflation figures has been made more difficult by government subsidies; in the latest release, the statistical office provided no details regarding how such subsidies had affected inflation. This year, inflation is expected to decelerate as both domestic demand and commodity prices decline.
Germany 3-Month EURIBOR (%, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| 3-Month EURIBOR (%, eop) | -0.33 | -0.31 | -0.38 | -0.55 | -0.57 |