Life in Germany is more expensive
Inflation further accelerated in August, according to the final data published by the Federal Statistical Office (Destatis) on Wednesday. The data correponds to the forecasts.
In August, consumer prices were 1.8 percent higher than in the previous year. In July 1.7 percent in June, 1.6 percent and in May 1.5 percent increase was measured.
However, inflation was higher in the first months of the year: 1.9 in January, 2.2 in February, 1.6 in March and 2.0 in April in annual comparison.
Consumer prices increased by 0.1 percent in August, compared to the previous month. In July, 0.4 percent and in June 0.2 percent was measured, compared to the previous month. (MTI)
Related news
K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >German retail sales increased in March
Germany’s retail turnover increased more than expected in March compared…
Read more >Edeka builds a recyclable supermarket
Germany’s leading supermarket chain Edeka is building a new store…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >