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June 30, 2023
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Germany unemployment rate 5.7% in Jun-23



- Germany's unemployment rate in June 2023 reached 5.7%, the highest level since June 2021 and 0.18 percentage points above the one-year average.
- However, it remains 2.54 percentage points below the long-run average, indicating ongoing challenges in the German labor market.
June 29, 2023
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Germany HICP inflation 6.77% y-o-y in Jun-23


- Germany's HICP inflation reached 6.77% in June 2023, the highest level since April 2023, indicating a significant surge in consumer prices.
- The current inflation figure is 2.19 percentage points below the one-year average and 4.95 percentage points above the long-run average, suggesting a longer-term upward trend in prices.

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