Consumer prices rose sharply in Germany in August
Consumer prices continued to rise sharply in Germany in August, according to a final series of data released by the Federal Statistical Office (Destatis) on Friday. During the review, no changes were made to the previously reported data set.
Consumer prices jumped 3.9 percent in August from a year earlier, the last time a stronger pace was measured in December 1993, when the indicator stood at 4.3 percent. Prices have been rising steadily in Germany since January, at 3.8 percent in July and 2.7 percent in June. (MTI)
Related news
Aldi Süd Opens Mixed-Use Property Near Karlsruhe
Discounter Aldi Süd has developed a mixed-use property in Waldbronn…
Read more >Is another food price increase expected soon?
In recent weeks, there has been some relief in terms…
Read more >Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of…
Read more >
More related news >
Related news
KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed…
Read more >Sándor Czomba: 566 micro, small and medium-sized enterprises receive capacity-building support
566 people successfully applied for the capacity expansion support aimed…
Read more >UN: worldwide food insecurity continued to increase last year
The insecurity of the food supply has increased further in…
Read more >