Inflation: This is how Germany compares to its European neighbors.. As of: March 28, 2024, 10:13 a.m By: Marco Blanco Ucles Rising inflation has caused problems for the German population.

But the European comparison shows that other countries are hit even harder. In October 2022, Germany shocked with an inflation rate of 10.4 percent year-on-year - the highest level since the 1950s. 13 months later, in November 2023, the inflation rate in Germany is only 2.3 percent.