BERLIN—Germany has recorded its highest annual inflation in more than 70 years, according to preliminary data released Tuesday by the country’s Federal Statistical Office.
Surging energy and food prices due to Russia’s attack on Ukraine saw full-year inflation reach 7.9 percent in 2022. The last time annual inflation was near that level was in 1951, when it stood at 7.6 percent as the post-war economic boom began. Annual inflation in 2021 stood at 3.1 percent.
