Wiesbaden (dpa/lhe) - Consumer prices in Hesse skyrocketed in September. As the State Statistical Office announced on Thursday, the annual inflation rate, fueled by high energy and food prices, was 9.4 percent. The inflation rate was 8.0 percent in August and 7.6 percent in July. The price development was also driven by the discontinuation of the 9-euro ticket and the tank discount at the end of August.
Higher inflation rates reduce the purchasing power of consumers, who can afford less for one euro. People's financial leeway is shrinking.
Energy cost an average of 38.4 percent more in September than in the same month last year. Heating oil was about twice as expensive as in September 2021. Natural gas prices rose by 87.2 percent. Consumers paid 30.1 percent more for a visit to the petrol station than in the same month last year. In August, i.e. the last month of the tank discount, the average price increase for fuel compared to the previous year was 18.4 percent. Excluding all energy, consumer prices rose 6.1 percent.
Food prices increased by 17.4 percent in September. Edible fats and oils were above average (plus 44.5 percent)
Compared to the previous month of August, consumer prices rose by a total of 1.4 percent in September.
