Rising energy prices and the VAT effect further fueled inflation in Germany in October.
The consumer prices were 4.5 percent above the level of the same month last year, as calculated by the Federal Statistical Office.
The Wiesbaden statisticians last determined an inflation rate of this magnitude exactly 28 years ago: in October 1993. The last time there was a higher inflation rate was in August 1993 at 4.6 percent.
The authority confirmed preliminary figures on Wednesday.
From September to October of the current year, consumer prices climbed by 0.5 percent.
In September, inflation in Europe's largest economy, at 4.1 percent, exceeded the four percent mark for the first time since the end of 1993.
Partly special factors
Many consumers are concerned about the rising price level.
Because higher inflation weakens their purchasing power because they can then buy less for one euro than before.
Rising energy prices have been fueling inflation for some time.
In addition, the withdrawal of the temporary VAT cut in Germany is now having a full impact.
Added to this is the CO2 tax that has been due since the beginning of the year.
Europe's monetary watchdogs at the European Central Bank (ECB), whose primary goal is a stable euro, are convinced that the rise in consumer prices is largely due to special factors such as the recovery in oil prices after the corona shock and supply bottlenecks as a result of the significantly increased demand.
The ECB expects inflation rates to gradually decrease again over the next year.