Inflation Continues to Rise in August – Energy Prices Drive Inflation Forward
23 Articles
23 Articles
Life in Germany continued to increase in August. Consumer prices last stood at 2.9 percent above the level of the previous year's month. The reason for this was the rise in oil prices and the low Rhine water.
Berliner Morgenpost
The lives of the people in Germany are becoming more expensive. The great price driver remains the energy prices and improvement is not in sight.
Life in Germany continued to increase in August. Prices were 2.9 percent higher than in the same month of the previous year, as the Federal Statistical Office reported on the basis of provisional figures.
Reformatorisch Dagblad
Inflation in Germany rose slightly in August to 2.9 percent year-on-year, from 2.8 percent in July. This was reported by the German Federal Statistical Office Destatis based on a preliminary estimate. This makes it somewhat more likely that the European Central Bank (ECB) will soon announce an interest rate hike.
High energy prices drive the German inflation rate again to just below the three percent mark. Life could continue to increase in the coming months.
saarbruecker-zeitung.de
volksfreund.deInflation in the federal state rose slightly in August: fuel oil and petrol became significantly more expensive. At the beginning of the new school year, families also had to pay more for some goods.
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