BERLIN, March 11 (KUNA) -- The Russian military assault on the Ukraine and the impact of the coronavirus had pushed inflation rates in Germany over 5.1 percent last February, said a press statement Friday.
The Federal Statistical Office of Germany indicated in the press statement that "the inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +5.1% in February 2022, thus remaining at a high level." It added, "In January 2022, it had been +4.9%. The Federal Statistical Office (Destatis) also reports that consumer prices were up 0.9% on January 2022." "The effects of the COVID-19 pandemic are increasingly superimposed by uncertainties related with the Russian attack on Ukraine," emphasized Dr. Georg Thiel, President of the office, adding, "The current price increases, especially for mineral oil products, are not yet reflected in the results for February 2022." Germany is under pressure to agree to a batch of tougher sanctions by western states against Russia in the energy sector. Berlin objects to such steps.
Sources at the German Federal Ministry of Economics and Technology indicated that 53 and 30 percent of natural gas and oil imports respectively came from Russia. (end) anj.gta