Home Economic Indicators Germany’s Inflation Holds at 2.1% in August

Germany’s Inflation Holds at 2.1% in August

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Germany’s inflation rate was confirmed at 2.1% in August, according to official figures released by the federal statistics office on Friday. The data matched earlier preliminary estimates.

Consumer prices in Germany, harmonised to be comparable across the European Union, showed an annual increase of 1.8% in July, marking a clear acceleration in August.