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Consumer prices in Saxony to rise by 2.9 percent in 2024

Inflation in Saxony is rising (symbolic image) / Photo: Monika Skolimowska/dpa-Zentralbild/dpa
Inflation in Saxony is rising (symbolic image) / Photo: Monika Skolimowska/dpa-Zentralbild/dpa

Nursing home costs and rents are particularly high: consumer prices in Saxony rose in 2024 compared to the previous year. Only fuels were slightly cheaper on average over the year.

Consumer prices in Saxony rose by 2.9 percent in 2024. The increase was significantly lower than in 2023 (6.5 percent), according to the State Statistical Office in Kamenz.

The costs for nursing home services rose by an average of 9.7 percent in 2024 and those for outpatient care facilities by 9.0 percent. Tenants had to budget 2.4 percent more money for their home in the previous year. Energy prices rose by an annual average of 1.7%. In contrast, fuel prices fell by 2.6 percent.

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