Current Inflation Rate 2024 Germany Inflation Rate. The inflation rate year over year is 2.0% (compared to 1.6% for the previous month ). The consumer price index in germany increased 0.40 percent in october of 2024 over the previous month.

Inflation in the uk flatlined at the bank of england’s target of 2.0% in the 12 months to june 2024, strengthening hopes that the bank will reduce the bank rate from 5.25% to 5%. The inflation rate is based upon the consumer price index (cpi).