Germany’s Inflation Rises to 2.9% in April Amid Energy Price Surge
Daily Monitor
April 29, 2026
Germany’s Inflation Rises to 2.9% in April Amid Energy Price Surge
Inflation in Germany increased to 2.9% in April, up from 2.7% in March, primarily driven by rising oil and gas prices linked to the Iran conflict.
Energy prices are projected to rise by 10.1% compared to the previous year, raising concerns about subsequent increases in the costs of food, dining, and services. According to Ifo Institute data, a growing number of businesses, particularly in the hospitality and retail sectors, are planning to implement price hikes.
For journalistic integrity, this report was summarized from: deutschlandfunk.de