Deterioration of Purchasing Power of Currency
Rising Inflation in North Rhine-Westphalia (NRW) in November 2021
In November 2021, North Rhine-Westphalia (NRW) experienced a significant increase in inflation, with the rate reaching 5.1%. This surge was primarily driven by rising prices in the energy and food sectors, which are major contributors to overall inflation.
Energy prices saw sharp increases, reflecting global market trends that directly affected household and industrial energy costs. The price of mineral oil products, such as heating oil and fuels, rose by 57.2% and 42.2% respectively. This increase was due to supply constraints and higher global energy prices at the time.
Food prices also rose, influenced by seasonal factors and supply issues. Head or iceberg lettuce became 9.1% more expensive, while citrus fruits, such as mandarins or clementines, were offered at a 14.5% lower price. However, grapefruits bucked this trend, becoming 16.8% more expensive compared to October 2021.
Other consumer goods and services exhibited more moderate or stable price changes, contributing less dramatically to the overall inflation rate growth.
The return of the original standard tax rate since January 2021 is suspected to have contributed to the price increase. Additionally, other factors such as CO2 pricing and increased oil prices played a role in the rise of energy costs.
Subscribing to a free newsletter provides access to more information about various topics, including societal developments, culinary arts, art, and culture in Neuss. The newsletter is sent via email and focuses on this specific location. To confirm subscription, check your inbox or spam folder. Subscribers can also learn more about the newsletter's privacy policy.
More recent data from 2025 shows lower inflation rates in NRW, with an annual rate of 1.8% and a monthly rate of 0.2%. This indicates that the situation has evolved significantly since 2021.
It's important to note that the newsletter is not considered spam and offers in-depth information about the topics mentioned above in Neuss. Firewood, wood pellets, or similar were offered at a 6.1% lower price compared to October 2021.
[1] Source for more recent data: Statistisches Landesamt NRW (2025) [3] Source for historical data: Statistisches Landesamt NRW (2021)
- In the context of rising inflation in North Rhine-Westphalia (NRW), it's crucial to consider the impact on financial plans, as the significant increase in energy prices could affect household and industrial costs.
- Despite the lower inflation rates seen in NRW in 2025, it's essential to keep an eye on finance-related aspects, such as the price of commodities like firewood and wood pellets, which may still experience fluctuations that could affect personal budgets.
