Inflation drops: ECB debate via interest reduction according to a new report!

Inflation drops: ECB debate via interest reduction according to a new report!

In March 2025, the inflation rate in Germany dropped to 2.2 percent compared to 2.3 percent in the previous month. This development is close to the inflation goal of the European Central Bank (ECB) of 2 percent, such as boeckler.de reported. The inflation rates vary for different household types and are between 1.7 and 2.0 percent in March 2025.

The high -rise in the inflation was recorded in autumn 2022 with 3.1 percentage points. It is noteworthy that households with low incomes have suffered disproportionately high inflation rates during inflation 2022/2023. In the current March 2025, the specific inflation rates show the following developments for various household types:

Effects of energy and food prices

The prices for food and non -alcoholic beverages rose by 39.8 percent compared to March 2019, while energy prices are 39.2 percent higher than six years ago. Services have increased by 19.5 percent in the same period. The maximum rate of the inflation rate in October 2022, which was 11 percent for families, was particularly striking.

The current budget -specific inflation rate is slightly below the overall rate, which indicates that the economic loads have subsided somewhat for many households. The Institute for Macroeconomics and Economic Research (IMK) has calculated specific inflation rates for nine household types since the beginning of 2022. Income and consumption samples are used here, while Destatis has implemented the overall economic invoice since 2023.

forecasts and interest rate policy of the ECB

The forecasts for 2025 indicate that the inflation rate could possibly level off at 2 percent. However, there is a risk of global recession, especially due to customs conflicts that could continue to dampen inflation. The pressure on the ECB is growing to take further interest steps because an interest rate reduction is already expected from the markets.

The ECB pursues the main goal of price stability and strives for a medium -term inflation rate of 2 percent, such as ecb . For this purpose, the Harmonized Index of Consumer Prices (HICP) is used as a reference to measure inflation, whereby national statistical institutes regularly collect prices for a shopping cart of goods and services. This methodology ensures a uniform calculation of inflation in all EU member states and thus offers a comprehensive overview of price development.