Lower energy prices curb inflation

At the start of the new heating period, people in Saxony have benefited from lower energy prices. Within a year, prices for gas fell by 4.4 percent and for heating oil by 6.7 percent, according to the State Statistical Office. Electricity fell by 5.6 percent and district heating by 4.7 percent. Only solid fuels have recently been significantly more expensive than a year ago (up 6.4 percent).

According to the statisticians, the lower energy costs are slowing down inflation in Bavaria. Annual inflation was 2.1 percent in October. Without the price reductions for household energy, it would have been 2.8 percent.

Clothing, furniture and restaurant visits more expensive

Consumers had to pay more than a year ago for clothing and shoes, furniture, restaurant visits as well as leisure and culture. Food and drinks were also 1.8 percent more expensive on average. While the prices of bread, meat, fish, dairy products and eggs rose, fresh fruit and vegetables as well as edible fats and oils were cheaper.