German inflation was unchanged year-on-year at 2.8% in January, preliminary data from the country's statistics office Destatis showed Friday in the last reading before Germans head to the polls next month.

German inflation remained flat year-on-year in January at 2.8%, preliminary data from the federal statistics office showed on Friday, in line with a forecast by analysts polled by Reuters. December also saw a year-on-year increase in consumer prices of 2.

German inflation in January fell to 2.3% year-on-year from 2.6% in December, the Federal Statistical Office said in its first estimate released on Friday. In January, fuel and heating were cheaper than a year ago.

Germany's unemployment rate rose at the start of the year, despite a smaller than expected increase in the number of people out of work, as the weakness of Europe's biggest economy took its toll on the labour market.

A rise in the jobless rate is normal for this time of year, although the scale of the jump points to underlying economic weakness. View on euronews

Unemployment rate in Germany increased to 6.2% in January from 6.1% in December 2024.  Unemployment change in Germany increased to 11,000 in January from 10,000 in December 2024.  ETFs: (EWG), (GF), (FGM),