Fürth (dpa / lby) – The inflation rate in Bavaria has reached a new peak and is higher than it has been since the 1970s. In August, consumer prices in the Free State rose by 8.4 percent compared to the same month last year, as the State Office for Statistics announced on Tuesday in Fürth. At the height of the oil crisis in December 1973, inflation was 8.2 percent.
According to the State Office, the price drivers were heating oil and gas, which rose by 123.8 percent and 95 percent respectively. At 20.4 percent, fuel and electricity at 12.5 percent are also significantly more expensive than in the same month last year. Consumers have to pay 5.2 percent more for transport. Rail transport, on the other hand, is 15.1 percent cheaper than in the previous year. The state office attributes this development to the 9-euro ticket.
The increase in food prices by 16 percent is also clearly noticeable. Consumers had to dig deeper into their pockets especially for dairy products and eggs (28.1 percent), meat and meat products (19.1 percent) and bread and cereal products (16.0 percent). Edible fats and oils even made an impact with an increase of 42.7 percent compared to the previous year.
In July, the experts had calculated an inflation rate of 8 percent. Within a month, the price of heating oil rose by 3.4 percent and food prices by 1.3 percent. In contrast, consumers had to pay 2.8 percent less for fuel in August than in the previous month.
