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
Vegan barbecues will cost more in Germany this year
In Germany the price of vegan grilling products grew by…
Read more >German retail sales growth slowed more than expected in May
Retail sales in Germany slowed more than analysts had expected…
Read more >Inflation in Italy accelerated to 1.7 percent in June
In Italy, consumer prices rose by 1.7 percent year-on-year in…
Read more >Related news
Irrigation water resources equivalent to one-third of Lake Balaton are available
Despite the extraordinary drought and lack of precipitation, we can…
Read more >Free irrigation water provided to farmers is a key element in the fight against drought
Free irrigation water provided to farmers is a key element…
Read more >Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >