Inflation in NRW: Prices continue to rise - what does the consumer pay?

Inflation in NRW: Prices continue to rise - what does the consumer pay?

The inflation rate in North Rhine-Westphalia shows an increase of 2.0 percent in January 2025. This is a decline compared to 3.0 percent in the previous year in January 2024. The current value is also higher than the inflation rate of 1.5 percent, which was measured in September 2024, and 2.5 percent in December 2024, such as N-tv reported.

In the analysis of the price changes in the past few months, various trends have been shown. In particular, the prices for non -alcoholic drinks have increased by 5.4 percent. The costs for dairy products, such as milk, have also increased by 2.7 percent. Package tours have a remarkable increase of 6.8 percent, while the prices for hotel accommodation also increase by 2.6 percent.

price returns in certain areas

In addition to the price increases, declines are also recorded. The price for fish has fallen by 3.1 percent, which can be positive for consumers. The same applies to vegetables, where a decline of 3.1 percent is also observed. Budget energy also recorded a decrease of 3 percent, while furniture, lights and carpets became 1.2 percent cheaper.

The inflation rate is determined by the consumer price index, which measures the average price development of the goods and services that buy households for consumption purposes. This methodological recording is crucial in order to obtain a realistic image of price development. In this context, it is important to mention that the inflation rate represents the percentage change in prices compared to the same period last year. statistics nrw emphasizes that inflation means that the value of the euro can, i.e. you can buy less for one euro.

scientific foundations of inflation

inflation is a complex phenomenon that not only depends on price increases in certain goods, but is also influenced by a variety of economic factors. The consumer price development is calculated on the basis of a weighing scheme that is regularly updated to take into account changes in the composition of consumer goods. These adjustments ensure that the consumer price index remains meaningful and reflects the actual purchasing power of households.

The shopping cart used for the calculation of the consumer price index consists of a variety of goods and services that are representative of the expenses of private households. It offers an overview of the price development in different categories and ensures that all relevant products are taken into account. Further information about the consumer price index is available on the website of the Federal Statistical Office