Inflation reached a 13-year high in August in Germany

Consumer prices in Germany rose nearly four percent in August
According to preliminary data from Destatis released on Monday, consumer prices rose 3.9 percent year-on-year in August from 3.8 percent in July and stagnated compared to July, when the monthly rise was 0.9 percent.
Analysts also predicted annual inflation of 3.9 percent and a 0.1 percent increase in consumer prices compared to July. (MTI)
Related news
K&H: Middle-aged people perceive inflation to be much more severe than the actual data shows
The inflation perception of middle-aged Hungarians continues to far exceed…
Read more >Inflation rose again in June – rising fruit prices are pushing up prices
Annual inflation rose to 4.6 percent in June, compared to…
Read more >László Krisán: Stabilisation is the first step, but new answers are needed to be competitive
László Krisán, the CEO of KAVOSZ Zrt. has assessed the…
Read more >Related news
Extreme summer, record heat: this is how chain stores are reacting to the heat
Budapest has never experienced such a high temperature as this…
Read more >Draft decree on food vouchers for pensioners completed
The draft government decree on a 30,000-forint food voucher for…
Read more >K&H: Middle-aged people perceive inflation to be much more severe than the actual data shows
The inflation perception of middle-aged Hungarians continues to far exceed…
Read more >